Golub Capital Provides Senior Credit Facility To Support Linden Capital Partners' Recapitalization Of Northwestern Management Services
CHICAGO, Oct. 10, 2012 /PRNewswire/ -- Golub Capital announced today that as Sole Bookrunner and Administrative Agent it provided a senior credit facility and co-investment equity to support the recapitalization of Northwestern Management Services, LLC ("NMS"), by Linden Capital Partners ("Linden").
Founded in 2002 and based in Boca Raton, FL, NMS is a dental practice management company that provides comprehensive management and administrative services for Gentle Dental Group, a branded, retail-based dental services organization with 21 offices in Southeast Florida. Gentle Dental Group provides high quality, comprehensive general, specialty, and cosmetic dental services to over 175,000 patients.
"We are excited to partner with Linden Capital Partners in a space that they know really well," said Golub Capital Managing Director Stefano Robertson, who leads the firm's healthcare efforts. "NMS and the Gentle Dental Group have exhibited strong organic growth and developed leading positions in their local markets. With support from Linden, the company is well-positioned to expand its reach and take advantage of its strong reputation."
"Golub Capital proved to be very diligent and supportive of our investment thesis throughout the process," said Tony Davis, a Partner at Linden Capital Partners. "Their healthcare experience and specific understanding of the dental practice management space made them an ideal partner not only to help us consummate the acquisition, but also to support our long-term growth initiatives. We are very happy to have partnered with them and look forward to doing so 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 and MEGA GOLD facilities), 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 $200 million per transaction.
Golub Capital has been a top 3 Traditional Middle Market Bookrunner each year from 2008 through 1H 2012 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). In 2012, Golub Capital was awarded the 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 Linden Capital Partners
Linden Capital Partners is a Chicago-based private equity firm focused exclusively on leveraged buyouts in the healthcare and life science industries. Linden's strategy is comprised of three elements: i) healthcare and life science industry specialization, ii) integrated private equity and operating expertise, and iii) strategic corporate relationships. Linden invests in middle market companies across the healthcare spectrum, including medical products, healthcare services, and distribution. For additional information about Linden, please visit www.lindenllc.com.
SOURCE Golub Capital