Golub Capital announced that as joint lead arranger and bookrunner it provided a senior credit facility to support the partnership between Results Physiotherapy ("Results" or "the Company") and Sterling Partners.
Results is a leading provider of outpatient rehabilitation services committed to world-class treatment of its patients with a growing presence in Nashville, Memphis, Chattanooga, Louisville, Raleigh, Huntsville, Knoxville and the Tri-Cities. Results specializes manual therapy treatment of post-surgical patients, neck and back pain, sports injuries, motor vehicle accidents, workman's compensation, arthritis, headaches, running injuries, TMJ, women's health and a variety of conditions.
"Results is a market leading therapy service provider with a unique manual therapy focus that is valued by patients and major payors," stated Brian Crabb, Managing Director at Golub Capital. "We are excited to partner with Sterling Partners and the management team to continue to grow the business."
"Golub Capital demonstrated its expertise in healthcare investing, playing a key role in the transaction and moving quickly and definitively," said William Gonzalez, Vice President at Sterling Partners. "We are excited to have them as a partner in Results."
Golub Capital's award winning middle-market lending team structures financing solutions with hold positions of up to $250 million. The team also underwrites and syndicates senior credit facilities and a proprietary suite of GOLD (one-loan debt) facilities, up to $500 million. Golub Capital has been #1 in 5 out of the past 6 years from 2009 through 1H 2014 for senior secured loans of up to $100 million for leveraged buyouts (according to Thomson Reuters LPC and internal data; based on number of deals).
Golub Capital is a nationally recognized credit asset manager with over $10 billion of capital under management. Golub Capital has three highly complementary business lines led by exceptional teams of credit professionals: Middle Market Lending, Broadly Syndicated Loans and Opportunistic Credit. Golub Capital's lending offices are located in Chicago, New York and San Francisco.
Sterling Partners is a private equity firm with a distinct point of view on how to build great companies. Founded in 1983, Sterling has invested billions of dollars, guided by the company's stated purpose: INSPIRED GROWTH®, which describes Sterling's approach to buying differentiated businesses and growing them in inspired ways. Sterling focuses on partnering with like-minded founders and entrepreneurs and investing growth capital in small and mid-market companies in industries with positive, long-term trends including healthcare, education and business services. Sterling provides valuable support to the management teams of the companies in which the firm invests through a deep and dedicated team of operations and functional experts based in the firm's offices in Chicago, Baltimore and Miami.