Golub Capital acted as the administrative agent on a $1.6 billion GOLD facility to support the refinancing of Risk Strategies, a portfolio company of Kelso & Company.
GOLD financings are Golub Capital one-loan debt facilities. The deal represents Golub Capital’s largest unitranche loan to date.
Risk Strategies is a privately held, national firm with offices across the country. The company offers sophisticated risk management advice as well as insurance and reinsurance placement for property and casualty, healthcare and employee benefits risks.
Since financing Kelso’s acquisition of Risk Strategies in 2015, Golub Capital has supported the company’s growth and acquisition plans through seven additional transactions.
“This debt financing represents a significant step forward for Risk Strategies and goes a long way toward fully supporting our M&A strategy well into the future,” said John Vaglica, Risk Strategies CFO and head of M&A. “We are excited to have such a prestigious roster of debt partners. Together with Kelso, we will continue to execute on our growth strategy as one of the leading specialty brokers nationally.”
