Golub Capital served as sole bookrunner, sole lead arranger and administrative agent for a $71 million GOLD facility to support the growth recapitalization of Results Physiotherapy, a portfolio company of Chicago-based private equity firm, Sterling Partners. GOLD financings are Golub Capital’s one-loan debt facilities.

Franklin, TN-based Results Physiotherapy is a provider of outpatient physical therapy services with a network of more than 125 clinics across nine states. Founded more than 20 years ago, the company offers physical therapy that goes beyond traditional exercise-only treatments and utilizes an hands-on approach.

Results Physiotherapy patient outcomes are in the top 10% of the PT industry, as measured by Focus on Therapeutic Outcomes, an independent organization dedicated to measuring physical therapy outcomes and patient satisfaction.

“We’re thrilled to expand our partnership with Results Physiotherapy and Sterling Partners, this time as lead arranger, to support their next chapter of growth,” said Craig Palmer of Golub Capital.

“Golub’s expertise in the physical therapy industry and flexible financing solutions enabled us to move quickly to expand the facility in support of our company’s rapid growth plan,” said David Canniff, chief financial officer of Results Physiotherapy.