Golub Capital Provides One-Loan Financing to Support Goode Partners LLC's Recapitalization of Chuy's Holdings, Inc.

NEW YORK, May 25, 2011 /PRNewswire/ -- Golub Capital today announced that as Sole Lead Arranger, Sole Bookrunner and Administrative Agent it provided a $67.5 million GOLD financing to support the recapitalization of Chuy's Holdings, Inc. ("Chuy's" or the "Company") by Goode Partners LLC ("Goode Partners"). GOLD financings are Golub Capital's One-Loan Debt facilities.

Based in Austin, Texas, Chuy's has been an institution in Texas since 1982. Chuy's operates 26 Company owned restaurants located in Texas (21), Tennessee (2), Kentucky (1), Indiana (1) and Alabama (1). The Company prides itself on meticulous dedication to its "home-cooked" Mexican cuisine. Each restaurant conveys a laid-back, casual feel with a decor characterized by "if you have seen one Chuy's, you have seen one Chuy's."

"We are pleased to have the opportunity to partner with Goode Partners in financing the recapitalization of the Company," expressed Golub Capital Senior Managing Director Greg Cashman. "Chuy's is a great franchise that we have been following for some time and we are excited to help finance the Company's growth. Our investment in Chuy's represents Golub Capital's 3rd investment in the restaurant sector this year, and we look forward to continuing to be a market leading financing source to private equity firms investing in the industry."

"We chose Golub Capital to provide the debt financing for our recapitalization of Chuy's because of their familiarity with the restaurant industry and the capital needs of restaurant investors. They were able to analyze and understand the company's growth plan and structure a flexible financing solution that would allow us to achieve that plan," commented Joe Ferreira, a Partner at Goode Partners. "Golub Capital was able to quickly evaluate the opportunity and gain comfort with our strategy and track record, delivering a fast commitment on aggressive terms that provided us with a high degree of confidence in their ability to deliver on their financing commitment," added Michael Stanley, a Vice President at Goode Partners.

About Golub Capital

With $4.8 billion in 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 also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital's hold sizes range up to $75 million per transaction. Golub Capital is currently ranked by Thomson Reuters Loan Pricing Corporation as a top 3 Traditional Middle Market Bookrunner. Golub Capital was named "Middle Market Lender of the Year" by Buyouts Magazine for two years in a row in 2009 and 2010. The firm was also honored as "Debt Financing Agent of the Year" by M&A Advisor in 2010.  Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm's website at www.golubcapital.com.

About Goode Partners LLC

Goode Partners LLC is a New York-based private equity firm that focuses exclusively on investment opportunities in the retail, restaurant, apparel, direct marketing and branded consumer product sectors. The firm has established itself as a partner of choice by leveraging its unique combination of investment capital, a team of professionals with experience investing in and operating some of the world's premiere consumer brands and an extensive industry network. Goode seeks to partner with the managers of well-positioned, high-growth potential consumer-oriented companies. More information on Goode Partners and its team can be found on the firm's website www.goodepartners.com.

SOURCE Golub Capital

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