Golub Capital Expands Direct Lending Leadership Team
Golub Capital completed several promotions within its direct lending team, positioning the firm for continued growth of its sponsor finance platform.
Golub Capital completed several promotions within its direct lending team, positioning the firm for continued growth of its sponsor finance platform.
According to the Golub Capital Altman Index produced by Golub Capital in collaboration with credit expert Dr. Edward I. Altman, middle-market private companies experienced year-over-year earnings growth of 11% and revenue growth of 11% during the first two months of Q1/23.
Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 9% and revenue growth of 11% during the first two months of Q4/22.
Middle market private companies in the Golub Capital Altman Index experienced year-over-year revenue growth of 12% and earnings decline of 2% during the first two months of the third quarter of 2022.
E2open Parent Holdings, a network-based provider of a cloud-based supply chain management platform, amended and upsized its existing credit facility with an incremental term loan provided by Golub Capital. The upsized agreement provides $190 million in additional funding.
Golub Capital set company records for originations in both the fourth quarter and for the full year in 2021, closing more than $15 billion in commitments in Q4/21 and more than $36 billion for all of 2021.
Northleaf Capital Partners and AVALT acquired AMAROK, a provider of contracted perimeter security infrastructure solutions in the United States. Golub Capital provided debt financing for the transaction.
Golub Capital acted as administrative agent and joint lead arranger on a $1 billion Golub Capital one-loan debt (GOLD) facility to finance the merger of 2020 Technologies and Compusoft by Genstar Capital and TA Associates.
Citizens served as sole lead arranger for Illinois-based Parts Town’s upsized $150 million asset-based revolving credit facility. The financing also included a $1.52 billion unitranche debt facility from Golub Capital.
Middle-market private companies in the Golub Capital Altman Index experienced EBITDA growth of 21% and revenue growth of 24% in July and August 2021 compared with their July and August 2019 earnings and revenue.