Golub Capital Provides One-Loan Financing to Support Brazos Private Equity Partners’ Recapitalization of Vision Source L.P.

NEW YORK, April 14, 2011 /PRNewswire/ — Golub Capital today announced that it has provided a GOLD financing to support the recapitalization of Vision Source L.P. ("Vision Source" or the "Company") by Brazos Private Equity Partners ("Brazos"). GOLD financings are Golub Capital's One-Loan Debt facilities.

Based in Kingwood, Texas and established in 1991, Vision Source provides its independent optometrist and dentist members unmatched purchasing power, professional and staff development, and practice management assistance while allowing them to maintain their independence. Vision Source practices cumulatively represent more than $1.7 billion of retail sales, making it the second largest optical network in the United States.

"We are excited to partner with Brazos and management to continue Vision Source's strong track record of growth serving the independent optometrist channel," commented Senior Managing Director Greg Cashman.

"This is our first transaction with Golub. They really impressed us with their ability to move quickly and deliver an aggressive one-stop financing," noted Jeff Fronterhouse, Co-CEO and Co-Founder of Brazos. "Their no-outs, no flex commitment helped us differentiate our offer and win the confidence of the seller. After we were signed up, they worked hard to help us close quickly. We look forward to doing more deals with Golub in the future."

About Golub Capital

With approximately $4.5 billion in capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm's proprietary GOLD facility), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital's hold sizes range up to $75 million per transaction. Golub Capital is currently ranked by Thomson Reuters Loan Pricing Corporation as a top 3 Traditional Middle Market Bookrunner. Golub Capital was named "Middle Market Lender of the Year" by Buyouts Magazine for two years in a row in 2009 and 2010. The firm was also honored as "Debt Financing Agent of the Year" by M&A Advisor in 2010. Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm's website at www.golubcapital.com.

About Brazos Private Equity Partners

Brazos Private Equity Partners is a Dallas-based private equity firm that manages approximately $1.4 billion of equity capital. Brazos focuses on investments in middle-market companies with enterprise values up to $500 million. Brazos seeks to partner with outstanding management teams and/or families of closely-held businesses to maximize value. Brazos has been one of the most active middle-market private equity investment firms over the past decade, having completed 56 acquisitions. Brazos has invested in a broad range of industries including healthcare services, distribution, consumer, business services, restaurants, financial services and manufacturing.

SOURCE Golub Capital

CONTACT: Greg Cashman, Senior Managing Director, +1-212-660-7270, [email protected]