Golub Capital acted as administrative agent on a GOLD facility to support GI Partners‘ acquisition of Togetherwork. The financing will be used to continue expanding Togetherwork’s software and payments platform.
Togetherwork has a family of entrepreneurial companies that provide SaaS solutions to groups and organizations for administration and payments. It was launched as a platform to acquire, integrate and scale leading businesses developing software used to manage and enable payments for groups and organizations.
“During the past few years, we’ve seen a wave of continued consolidation in member services software platforms, and Togetherwork has emerged as a leader in the integrated software and payments space,” said Michael Meagher, managing director at Golub Capital. “Togetherwork’s unique model and track record of partnering with top member services companies gave us confidence that it would be a strong addition to GI Partners’ portfolio.”
GOLD financings are Golub Capital One-Loan Debt facilities.
