Golub Capital Provides One-Loan Debt Facility To Finance Acquisition Of Marshall Retail Group By Brentwood Associates

News provided by

Aug 26, 2014, 01:48 ET

NEW YORK, Aug. 26, 2014 /PRNewswire/ -- Golub Capital announced today that as Sole Bookrunner and Administrative Agent it provided a $165MM GOLD financing to support the acquisition of Marshall Retail Group ("MRG" or the "Company") by Brentwood Associates ("Brentwood"). Golub Capital has provided financings for Marshall Retail Group since 2007, representing a time span across 3 different owners. GOLD financings are Golub Capital's One-Loan Debt facilities.

Founded in 1955 and headquartered in Las Vegas, NV., MRG is the leading specialty retailer of souvenir, apparel, logo/sundry and other specialty store concepts to casinos and airports. For nearly 60 years, MRG has been providing its clients with a portfolio of attractive and memorable brands that are well-positioned to cater to hotel guests, visitors and local residents. Today, MRG operates in more than 150 locations and with 850 employees nationwide.

"MRG is a multi-format store operator with a successful operating history that provides a strong value proposition to casino and airport operators. The Company has developed a strong market reputation and has made new store investments, positioning itself well for future growth," said Golub Capital Senior Managing Director Andrew Steuerman. "We are excited to partner with Brentwood and management to continue the Company's growth."

"Golub provided a compelling debt financing solution for MRG, with the flexibility required to meet the Company's long-term growth plans" said Toros Yeremyan, Principal at Brentwood Associates. "Golub's GOLD product also streamlined the entire debt financing process and helped us close our acquisition of MRG under a highly accelerated time frame."

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 Brentwood Associates
Brentwood Associates is a leading consumer-focused private equity investment firm with over $850 million of capital under management and a thirty-year history of investing in leading middle-market growth companies. Brentwood focuses on investments in growing businesses where it is able to leverage its extensive experience in areas such as: specialty retail; branded consumer products; consumer services; direct marketing, including direct mail and e-commerce; education; health and wellness; and restaurants. Since 1984, Brentwood's dedicated private equity team has invested in 45 portfolio companies with an aggregate transaction value of over $5 billion. With significant experience in both investing and brand building, Brentwood is a value-added partner with entrepreneurs and executives building world-class companies. For more information about Brentwood, please visit www.brentwood.com.

Logo - http://photos.prnewswire.com/prnh/20131211/NY31812LOGO

SOURCE Golub Capital