Golub Capital, serving as administrative agent and sole bookrunner, provided a senior credit facility to support the acquisition of Park Place Technologies (PPT) by GTCR.

PPT is a third-party maintenance provider that offers organizations an alternative to post-warranty storage, server and networking hardware maintenance and support in the data center. PPT supports EMC, Dell, IBM, Cisco, Hitachi, NetApp, HP, Sun/Oracle and other data center hardware equipment in more than 70 countries.

“Consistent with our past experiences, Golub provided a flexible financing solution and was able to close quickly and smoothly,” said David Donnini, managing director at GTCR.

“PPT is a prime example of Golub bringing to bear its product flexibility, hold capacity, and speed of execution to deliver for our client,” stated Michael Meagher, managing director at Golub Capital. “We are thrilled to once again be partnering with GTCR and look forward to working with them in the future.”

This is Golub Capital’s second transaction with PPT in the last six months, and third transaction partnering with GTCR in 2015.