Golub Capital acted as the administrative agent, left lead arranger and joint bookrunner on a $1.6 billion GOLD facility to finance a substantial strategic investment in MRI Software by funds managed by Harvest Partners and refinance existing indebtedness.
GOLD facilities are Golub Capital One-Loan Debt facilities.
MRI Software provides mission-critical, SaaS-based enterprise software solutions to commercial and residential real estate owners, operators and investors. The strategic investment in the company will support the continued expansion of its enterprise software applications. TA Associates and GI Partners will remain investors in the company.
“Since 2017, we have been proud to support the impressive growth MRI Software has achieved through its compelling value proposition, leading market position and superb management team,” said Spyro Alexopoulos, Managing Director at Golub Capital.
“We are excited to partner again with three world-class sponsors in TA Associates, Harvest Partners and GI Partners.”
“Golub Capital has been a trusted, reliable partner in the growth of MRI Software and many other software portfolio companies,” said Hythem T. El-Nazer, managing director at TA Associates. “Golub Capital has proven their ability to seamlessly deliver and expand large-scale
MRI Software is a provider of innovative real estate software applications and hosted solutions.
TA Associates is a global growth private equity firm.
Founded in 1981, Harvest Partners is a New York-based private equity investment firm that focuses on investments in middle-market companies in the business services & consumer, healthcare, industrial services and manufacturing & distribution sectors.