Golub Capital is acting as administrative agent, joint lead arranger and joint bookrunner, to provide GOLD financing to support the upcoming acquisition of Sovos Compliance by HgCapital. GOLD financings are Golub Capital One-Loan debt facilities.

This represents the fourth financing Golub Capital has worked on with Sovos, and would mark the first transaction between Golub Capital and HgCapital.

Wilmington, MA-based Sovos is a leading global provider of mission-critical tax compliance software solutions. Sovos has locations locations in Minneapolis, Boulder and Amsterdam.

“Sovos has a strong reputation in the tax compliance industry. The company’s solutions have proven to drive meaningful efficiencies for its customers by automating tax reporting requirements and ensuring clients maintain compliance with tax authorities. We are very excited to continue to support the Company’s continued growth,” said Spyro Alexopoulos, managing director at Golub Capital.

HgCapital is a sector expert private equity investor, supporting management teams to grow industry champions.