Golub Capital Provides One-Loan Debt Facility to Support Cressey & Company’s Acquisition of StatLab Medical Products
NEW YORK, June 12, 2017 — Golub Capital recently announced that as Sole Lead Arranger, Sole Bookrunner and Administrative Agent, it provided a GOLD facility to support Cressey & Company’s acquisition of StatLab Medical Products. Terms were not disclosed.
Founded in 1976, StatLab Medical Products is a specialty healthcare supplier exclusively focused on providing histology, cytology and other consumable supplies to more than 3,000 anatomic pathology laboratories throughout the United States.
Cressey & Company is a Chicago-based private investment firm that invests exclusively in leading healthcare businesses. Through four predecessor funds, the Cressey & Company team has managed over $1 billion of capital.
Golub Capital’s Middle Market Lending group provides financing for middle market, private equity-backed transactions with hold positions of up to $400 million and is an arranger of credit facilities up to $750 million. Golub Capital’s award-winning team strives to establish long-term, win-win partnerships by providing dependable, fast and creative solutions that meet private equity sponsors’ and portfolio companies’ needs.
For more information on this transaction, read the press release.