Golub Capital Provides One-Loan Debt Facility To Finance Thoma Bravo's Acquisition Of Sparta Systems

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Jul 28, 2014, 12:05 ET

NEW YORK, July 28, 2014 /PRNewswire/ -- Golub Capital announced today that as Lead Arranger, Sole Bookrunner and Administrative Agent it provided a GOLD financing to support the acquisition of Sparta Systems, Inc. ("Sparta" or the "Company") by Thoma Bravo, LLC ("Thoma Bravo"). GOLD financings are Golub Capital's One-Loan Debt facilities.

Founded in 1994, Sparta Systems is an industry pioneer and global leading provider of enterprise quality management software (EQMS) solutions, enables businesses to safely and efficiently deliver their products to market. Sparta's flagship offering, Trackwise®, enables manufacturers to deliver products to market safely and efficiently. Sparta's solutions provide powerful visibility and traceability across its customers' quality management activities, allowing organizations to address a multitude of escalating challenges including: mounting regulatory oversight, increased public scrutiny, growing supply chain and business process complexity and increased pressure to deliver greater profits. In addition, the Company recently released Stratas™, a revolutionary, cloud-based solution that extends TrackWise beyond a corporation's four walls to external suppliers and manufacturers.

"We are thrilled to continue our partnership with the Company. We believe Sparta is a leading enterprise-class provider in a growing market with an extraordinary management team," stated Spyro Alexopoulos, Managing Director at Golub Capital. "We are equally excited to be working with a world class sponsor and long-time partner in Thoma Bravo."

"We selected Golub Capital to lead the transaction as they demonstrated a deep understanding of the business and our execution strategy. They put forth a flexible and scalable financing solution tailored to support Sparta's growth and support its many strategic and operational initiatives," said Arvindh Kumar, Vice President at Thoma Bravo.

About Golub Capital

With over $10 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 $200 million per transaction.

Golub Capital has been a top 3 Traditional Middle Market Bookrunner each year from 2008 through 1Q 2014 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 2014, Golub Capital has been awarded Acquisition International's 2014 Fund Awards "Credit Asset Management Firm of the Year – USA," ACQ's Global Awards "US Credit Asset Manager of the Year," Acquisition International's "Broadly Syndicated Loans Specialist of the Year – USA," and Acquisition International's Hedge Fund Award "USA Credit Asset Manager of the Year." In 2013, Golub Capital was 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." 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 Thoma Bravo, LLC

Thoma Bravo is a leading private equity investment firm building on a 30+ year history of providing equity and strategic support to experienced management teams and growing companies. The firm seeks to create value by collaborating with company management to improve business operations and provide capital to support growth initiatives. Thoma Bravo invests with a particular focus on application and infrastructure software and technology enabled services. The firm currently manages a series of private equity funds representing more than $7.5 billion of equity commitments. For more information, visit www.thomabravo.com.

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SOURCE Golub Capital