Golub Capital Provides One-Loan Debt Facility to Support the Acquisition of Marathon Data Systems by Chicago Growth Partners and Company Management
CHICAGO, Aug. 31, 2012 /PRNewswire/ -- Golub Capital announced today that as Sole Bookrunner and Administrative Agent it provided a GOLD financing to support the acquisition of Marathon Data Systems ("Marathon" or the "Company") by Chicago Growth Partners ("CGP") and Company Management. GOLD financings are Golub Capital's One-Loan Debt facilities.
Marathon Data Systems provides configurable, fully featured software solutions for field service businesses of all sizes that can be accessed on a SaaS or on-premise basis. Whether for a $100 million+ national provider or a single branch business, Marathon offers a suite of services designed to mitigate the key pain points that field service companies face in their daily operations: finding customers, estimating services, converting leads, routing & managing technicians, fulfilling orders, collecting payments and managing the back-office. By integrating Enterprise Resource Planning, Mobile Workforce Management and Customer Relationship Management functionality with a suite of Lead Generation offerings, Marathon Data Systems offers a tailored, fully-featured solution set for pest control, lawn and landscaping, HVAC, plumbing, janitorial, maid and carpet cleaning field service companies.
"We are very excited to close another deal with Chicago Growth Partners. Having successfully closed half a dozen deals with CGP, we've come to appreciate their strong partnership mentality and focused diligence and execution process," stated Stefano Robertson, a Managing Director at Golub Capital.
Devin Mathews, a Managing Partner at Chicago Growth Partners commented, "Golub Capital continues to be a terrific partner for CGP as they understand the nature of pulling together a middle market deal. They were a visible partner throughout the process and delivered on their promises, ultimately facilitating a very efficient closing. We look forward to working with them again."
About Golub Capital
With over $6 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 GOLD facility), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm underwrites and syndicates senior credit facilities up to $250 million. Golub Capital's hold sizes range up to $150 million per transaction.
Golub Capital has been ranked a "Top 3" Traditional Middle Market Bookrunner every year from 2008 through 1Q 2012 by Thomson Reuters LPC for senior secured loans of up to $100 million for leveraged buyouts (based on number of deals completed). In 2012, Golub Capital was awarded an ACG New York Champion's Award for "Senior 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 Chicago Growth Partners
For over 25 years and across more than 100 growth companies, the principals of Chicago Growth Partners have partnered with quality management teams to help facilitate their growth objectives. CGP executes its growth-focused investment strategy across four industries: Technology-Enabled Services, Education, Healthcare and Industrial Growth, where our expertise in information technology, marketing, and finance can often be helpful to our management teams. CGP currently manages $1.2 billion of committed capital and has offices in Chicago and La Jolla. For more information on Chicago Growth Partners, please visit www.cgp.com.
SOURCE Golub Capital