Golub Capital announced that as sole bookrunner and administrative agent it provided a GOLD financing to support an equity investment in Secure-24, Inc. by Pamlico Capital. GOLD financings are Golub Capital’s one-loan debt facilities.

The co-founders, Volker Straub and Matthias Horch will retain significant ownership of Secure-24 and will continue to manage the growth of the company in partnership with Pamlico Capital. The investment group included HarbourVest Partners.

Headquartered in metro Detroit, Secure-24 delivers managed IT operations, hosting and cloud computing from its state-of-the-art data centers located in Michigan, Nebraska and Arizona. The company manages complex IT landscapes and business critical applications for leading mid-market and large global enterprises.

“We are excited to partner with Pamlico Capital again, and are enthusiastic about supporting their investment in Secure-24,” said Golub Capital managing director Troy Oder. “Secure-24 is a unique platform with an excellent management team and broad capabilities in a rapidly growing market.”

“This is our fourth transaction with Golub Capital,” said Scott Stevens, a partner at Pamlico Capital. “Once again, they have proven to be a flexible partner whose industry knowledge and professional approach facilitated a seamless transaction.”

Golub Capital is a provider of financing solutions for the middle market, including one-loan financings, senior, second lien and subordinated debt, preferred stock and co-investment equity.

Pamlico Capital is a private equity firm founded in 1988 that invests in growing middle-market companies in the U.S.