Golub Capital served as administrative agent, sole bookrunner and lead arranger for a GOLD financing for private equity firm Thomas H. Lee Partners (THL) to finance its strategic partnership with Professional Physical Therapy.

GOLD financings are Golub Capital One-Loan Debt facilities.

Unionville, NY-based Professional Physical provides physical therapy and rehabilitation services through its affiliated professional practices, 106 outpatient physical and hand therapy centers throughout the New York metropolitan area, New Jersey and Connecticut.

“We are excited to continue our financing support of ProPT and partner with THL to help with the next phase of the company’s growth. THL and management both bring an exceptional level of expertise in the orthopedic outpatient physical therapy industry, and we look forward to helping them achieve and surpass their goals,” said Greg Cashman, senior managing director at Golub Capital.

This transaction represents Golub Capital’s fifth transaction alongside THL, and second transaction with Professional Physical Therapy.