Golub Capital was the Joint Lead Arranger and Bookrunner of a senior credit facility to support the acquisition of Results Physiotherapy by Sterling Partners.
“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 Physiotherapy.”
Results Physiotherapy is a provider of outpatient rehabilitation services. The company specializes in manual therapy treatment of post-surgical patients; neck and back pain; sports injuries; motor vehicle accidents; workman’s compensation; arthritis; headaches; running injuries; TMJ disorders; and women’s health. Founded in 1996, Results Physiotherapy has more than 60 treatment facilities throughout Tennessee, Alabama, Georgia, Kentucky, Mississippi and North Carolina. The company is based in Nashville (www.resultsphysiotherapy.com).
“Results is a market leading therapy service provider with a unique manual therapy focus that is valued by patients and major payors,” said 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’s 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 one-loan debt facilities, up to $500 million. Golub Capital’s lending offices are located in Chicago, New York and San Francisco (www.golubcapital.com).
Sterling Partners focuses on investing growth capital in small and mid-market companies in industries with positive, long-term trends, including education, healthcare, and business services. Sterling manages over $5 billion in institutional capital. The firm was founded in 1983 and has offices in Chicago, Baltimore, and Miami (www.sterlingpartners.com).
Results Physiotherapy is the seventh company in Sterling’s healthcare services portfolio.
© 2013 PEPD • Private Equity’s Leading News Magazine • 10-13-14
