Golub Capital announced that as Administrative Agent, Joint Lead Arranger and Joint Bookrunner, it provided a GOLD facility to support TA Associates' strategic investment in MRI Software (MRI). GOLD financings are Golub Capital One-Loan Debt facilities.
MRI Software provides real estate and investment management software to real estate owners and investors. The investment will support the expansion of MRI's enterprise software applications. GI Partners, which acquired MRI in 2015, will remain an investor in the company.
"MRI provides the global real estate industry with a comprehensive suite of mission critical software applications on a significantly differentiating flexible and open platform, and is operated by a world class management team," said Spyro Alexopoulos, Managing Director at Golub Capital. "We are excited to partner again with a top tier software sponsor in TA Associates, and work together in supporting the company's growth strategy."
"Golub Capital has extensive experience in software financings and has been a reliable partner on previous transactions, so I knew I could trust them to execute seamlessly," said Hythem El-Nazer, Partner at TA Associates. "Our investment will support MRI's expansion, bringing real estate technology to business owners in new locations across the globe."