Daily News: March 4, 2015

Golub Provides Financing to Support Cressey Buy

Golub Capital announced that as sole bookrunner, sole lead arranger and administrative agent, it provided a GOLD financing and equity co-investment to support the acquisition of Dental Services Group by Cressey. GOLD financings are Golub Capital’s One-Loan Debt facilities.

“DSG is uniquely positioned in the dental laboratory industry. In addition to providing dentists with the scale advantages and product capability breadth offered as a national laboratory, DSG’s local presence enables the Company to provide high-touch service capabilities that are actively sought by the dental community. DSG is a differentiated platform and will benefit from all of the supporting macro-trends driving dental industry growth,” said Stefano Robertson, managing director and the head of Golub Capital’s healthcare finance team. “Cressey & Company has excellent insight into the dental end markets and is very well positioned to help DSG achieve its growth objectives. We are very pleased to invest in this company alongside of them.”

Merrick Axel, partner at Cressey & Company, said “We are excited to work with Golub Capital again. Consistent with our prior experiences with their healthcare finance team, Golub Capital acted quickly and decisively, ultimately delivering a very efficient financing package that provided a solution to our needs. Golub Capital will be a strong partner to support DSG’s growth plans ahead.”

Golub Capital provided over $1.5 billion in financing for the healthcare industry in 2014. The firm’s deep industry knowledge and experience within this niche market allows its team to provide customized, flexible financing solutions.

Dental Services Group is a laboratory network.