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Golub Capital Arranges $71MM Debt Facility for Recapitalization of Results Physiotherapy

Date: Apr 28, 2017 @ 07:07 AM
Filed Under: Healthcare

Golub Capital recently announced that as Sole Bookrunner, Sole Lead Arranger & Administrative Agent, it provided a GOLD facility to support the growth recapitalization of Results Physiotherapy, a portfolio company of Chicago-based private equity firm, Sterling Partners. GOLD financings are Golub Capital One-Loan Debt facilities.

Results Physiotherapy, headquartered in Franklin, Tennessee, is a leading provider of outpatient physical therapy services with a network of over 125 clinics across nine states. Founded over 20 years ago, the company offers world-class physical therapy that goes beyond traditional exercise-only treatments and utilizes an innovative hands-on approach. Results Physiotherapy patient outcomes are in the top 10 percent of the PT industry, as measured by Focus on Therapeutic Outcomes Inc., an independent organization dedicated to measuring physical therapy outcomes and patient satisfaction.

"We're thrilled to expand our partnership with Results Physiotherapy and Sterling Partners, this time as lead arranger, to support their next chapter of growth," said Craig Palmer of Golub Capital.

"Golub's expertise in the physical therapy industry and flexible financing solutions enabled us to move quickly to expand the facility in support of our company's rapid growth plan," said David Canniff, Chief Financial Officer of Results Physiotherapy.

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