Golub Capital announced it has been named the 2016 "Lender of the Year" by Mergers & Acquisitions, a monthly business publication focusing on the U.S. middle market.

"The companies and individuals honored by Mergers & Acquisitions' 10th Annual M&A Mid-Market Awards met the challenges of 2016 with aplomb, outpacing the competition and expanding their businesses, despite a lull in overall activity that occurred during the uncertainty of an election year."

"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," said Mergers and Acquisitions.

"In many ways 2016, crystalized the platform we have built over the years and highlights our ability to do deals across the spectrum. We are very proud of what we have accomplished," said Andy Steuerman, Head of Middle Market Lending at Golub Capital.

Golub Capital's Middle Market Lending group provides financing for middle market, private equity-backed transactions with hold positions of up to $400 million, and is an arranger of credit facilities up to $750 million. Golub Capital's award-winning team strives to establish long-term, win-win partnerships by providing dependable, fast and creative solutions that meet private equity sponsors' and portfolio companies' needs.

"We are honored to receive Mergers and Acquisitions' recognition. In keeping with the Firm's core values, we will continue to provide best-in-class reliability and partnership in the year ahead," said Steuerman.

Mergers & Acquisitions' annual Mid-Market Awards honor the leading dealmakers and deals that set the standard for transactions in the middle market in 2016. To determine the winners, Mergers & Acquisitions considers performance, growth, innovation and thought leadership. The Lender of the Year award honors a lender that stood out among those serving the middle market, both for its deal volume and influence on the M&A industry.