Golub Capital Provides One-Loan Debt Facility To Finance Arsenal Capital Partners Acquisition Of Certara
NEW YORK, Dec. 19, 2013 /PRNewswire/ -- Golub Capital announced today that as Sole Bookrunner and Administrative Agent it provided $85.5MM in GOLD financing and co-investment equity to support the acquisition of Certara by Arsenal Capital Partners ("Arsenal"). GOLD financings are Golub Capital's One-Loan Debt facilities.
Certara is dedicated to improving human health by delivering a broad spectrum of software products and consulting services, spanning molecular discovery to clinical development, with special focus on supporting translational approaches to drug development.
A leading provider of model-based drug development tools, Certara was formed by the acquisition and integration of industry leaders Tripos, Simcyp, and Pharsight Corporation.
"We are excited to support Arsenal Capital Partners and the management team at Certara," said Michael Mastropaolo, Vice President at Golub Capital. "This investment represents an attractive opportunity in the healthcare technology and services space, which is a target segment for both our Software, Digital and Technology vertical and our Healthcare vertical. We value Arsenal's disciplined investing approach in this sector, as well as their deep industry expertise."
"Golub Capital has proven to be a valuable partner in this transaction," said Gene Gorbach, Principal at Arsenal Capital Partners. "They provided a streamlined financing solution to support the acquisition of Certara, and lived up to the high standard of execution they have established for themselves in the market."
About Golub Capital
With over $8 billion of capital under management, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm's proprietary MiniGOLD, GOLD, and MegaGOLD facilities), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm underwrites and syndicates senior credit facilities up to $300 million. Golub Capital's hold sizes range up to $250 million per transaction.
Golub Capital has been a top 3 Traditional Middle Market Bookrunner each year from 2008 through 3Q 2013 for senior secured loans of up to $100 million for leveraged buyouts (according to Thomson Reuters LPC and internal data; based on number of deals). Year to date, Golub Capital has been awarded Finance Monthly's Global Awards 2013 "Credit Asset Manager of the Year," and DealMakers M&A Awards 2013 "Middle Market Lender of the Year." In 2012, Golub Capital was awarded ACG New York Champion's Award for "Senior Lender Firm of the Year" and the M&A Advisor award for "Lender Firm of the Year." Golub Capital is a national firm with principal offices in Chicago and New York. For more information, please visit the firm's website at www.golubcapital.com.
About Arsenal Capital Partners
Arsenal Capital Partners is a leading New York-based private equity firm that invests in middle-market healthcare and specialty industrial companies. Arsenal makes investments in sectors where the firm has significant prior knowledge and experience. Arsenal targets businesses that have the potential for further value creation by working closely with management to accelerate growth and leverage the firm's operational improvement capabilities. Arsenal currently has $1.7 billion of committed equity capital. For additional information on Arsenal Capital Partners, please visit www.arsenalcapital.com.
SOURCE Golub Capital