Golub Capital was the Sole Bookrunner and Administrative Agent on a financing to support the acquisition of Marathon Data Systems by Chicago Growth Partners (CGP). “Golub Capital continues to be a terrific partner for CGP as they understand the nature of pulling together a middle market deal. They were a visible partner throughout the process and delivered on their promises, ultimately facilitating a very efficient closing. We look forward to working with them again,” said Devin Mathews, a Managing Partner at Chicago Growth Partners.
Marathon Data Systems provides software products to field service businesses that are used for finding customers, estimating services, converting leads, routing & managing technicians, fulfilling orders, collecting payments and managing the back-office. Customers include pest control, lawn and landscaping, HVAC, plumbing, janitorial, maid and carpet cleaning field service companies. Marathon Data Systems is based in Wall Township, New Jersey (www.marathondata.com).
“We are very excited to close another deal with Chicago Growth Partners. Having successfully closed half a dozen deals with CGP, we’ve come to appreciate their strong partnership mentality and focused diligence and execution process,” said Stefano Robertson, a Managing Director at Golub Capital.
Golub offers buy-and-hold products ranging from $10 million to $75 million and includes one-loan financings, senior, 2nd lien and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates first lien loans up to $250 million. Golub Capital will hold up to $150 million per transaction. Industries of interest include consumer products, business and consumer services, defense, manufacturing, value-added distribution, media, healthcare services and restaurants. In addition to its New York headquarters, Golub also has offices in Atlanta, GA; and Chicago, IL (www.golubcapital.com).
Chicago Growth Partners invests from $15 million to $75 million of equity in companies with revenues from $15 million to $150 million. The firm targets four sectors: technology-enabled services, education, healthcare and industrial growth. The firm currently manages $1.2 billion of committed capital and has offices in Chicago and La Jolla (www.cgp.com).
© 2012 PEPD • Private Equity’s Leading News Magazine • 9-5-12