Golub Capital announced that, as Administrative Agent, Lead Left Arranger and Joint Bookrunner, it provided $315 million of senior credit facilities to support the acquisition of Quick Base by Vista Equity Partners (Vista) and Welsh, Carson, Anderson & Stowe. Quick Base will use the investment to grow its products, enhance workflow automation and invest in artificial intelligence and machine learning tools.

Quick Base allows clients with no coding experience to build their own applications to solve everyday business challenges. The company's platform helps users build an integrated application with custom reporting, workflows, automated processes and more without relying on a traditional IT department. The company currently serves more than 5,400 customers across various industries, including 41 of the Fortune 100.

"We have a long-standing relationship with Vista. We've seen firsthand their excellent track record growing enterprise software, data and technology companies in a highly competitive space," said Spyro Alexopoulos, Managing Director on Golub Capital's Middle Marketing Lending team. "Leveraging knowledge from lending to Quick Base previously, along with our own sector expertise, we were able to understand the financing needs and create the right financing solution to help Vista take the company to the next level."

"Golub Capital has been a reliable partner to Vista over the years," said Kevin Sofield, Principal at Vista Equity Partners. "Their knowledge of Quick Base and the broader sector made them an excellent partner, and we are appreciative of their solid execution on this transaction."