European private equity firm CVC Capital Partners is exploring a potential $75 billion deal to acquire private credit lender Golub Capital, according to a recent report by the Financial Times.
The private credit sector has experienced significant growth in recent years as stricter banking regulations have increased costs for traditional lenders to finance riskier loans. Founded in 1991, Golub Capital currently manages over $75 billion in assets and employs more than 1,000 professionals across its operations.
While Golub Capital shares rose 1.6% in extended trading following the news, sources close to the matter indicated that the company is not actively considering a sale. It remains uncertain whether the ongoing discussions between the parties will result in a transaction.
Neither CVC Capital Partners nor Golub Capital immediately responded to requests for comment from Reuters.
Read the complete article on Financial Times.
