Golub Capital has been growing by leaps and bounds for years, and 2016 marked an exceptional year for the lender, which was founded in 1994. In 2016, Golub Capital closed 147 deals, hired 87 new employees and expanded its product offering to include buy and hold capacity of over $400 million. Additionally in 2016, the New York-based firm closed its biggest deal in history with a $605 million loan to support Roark Capital’s purchase of Pet Valu and Pet Supermarket.
Golub Capital, as administrative agent, sole bookrunner and joint lead arranger, provided a $605 million GOLD financing to support the merger of Pet Valu and Pet Supermarket. GOLD financings are Golub Capital One-Loan Debt facilities. The financing supported the combination of two current Roark Capital Group portfolio companies and created one of largest pet supply retailers in North America, with over 930 stores throughout the United States and Canada.