Golub Capital Provides One-Loan Financing to Support J.H. Whitney’s Acquisition of Julio & Sons Company

NEW YORK, Sept. 21, 2011 /PRNewswire/ — Golub Capital today announced that as Sole Bookrunner and Administrative Agent it provided a GOLD financing to support the acquisition of Julio & Sons Company ("Uncle Julio's" or the "Company") by J.H. Whitney Capital Partners, LLC ("J.H. Whitney"). GOLD financings are Golub Capital's One-Loan Debt facilities.

Founded in 1986 in Dallas, TX, Uncle Julio's is a casual dining restaurant chain in the rapidly growing Mexican restaurant segment. The Company's restaurant system consists of 16 Company owned restaurants located in the Dallas-Ft. Worth Metro area, the Washington DC Metro area, Chicago, IL, Atlanta, GA and Boca Raton, FL. The Uncle Julio's concept offers high quality Mexican food made from scratch with fresh ingredients (i.e., all chips, salsa, guacamole, tortillas and marinades are prepared fresh on-site every day). The Company has developed a distinct Hacienda style atmosphere and focuses on delivering authentic border style Mexican cuisine from classic Tex-Mex to its signature mesquite grilled entrees.

"Uncle Julio's has been providing an unmatched upscale casual Mexican dining experience for almost 25 years," expressed Golub Capital Managing Director Charlie Riceman. "We are excited to partner with J.H. Whitney and management to continue the Company's growth."

"We selected Golub Capital for this transaction due to their familiarity with the restaurant industry and their ability to structure a financing solution that enables us to grow the Uncle Julio's franchise," said Brian Cherry, a Managing Director at J.H. Whitney.

About Golub Capital

With over $5 billion in capital under management, 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 $100 million per transaction.

Golub Capital is currently ranked as the #1 Middle Market Bookrunner for H1 2011 by Thomson Reuters Loan Pricing Corporation. Golub Capital was named "Middle Market Lender of the Year" by Buyouts Magazine 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 principal offices in Chicago and New York. For more information, please visit the firm's website at www.golubcapital.com.

About J.H. Whitney

J.H. Whitney, established in 1946 by the industrialist and philanthropist, John Hay "Jock" Whitney, was one of the first U.S. private equity firms and is often credited with pioneering the development of the private equity industry. Today, J.H. Whitney remains privately owned by its investing professionals and its main activity is to provide private equity capital to small and middle market companies with strong growth prospects in a number of industries including consumer, healthcare, specialty manufacturing, and business services. J.H. Whitney is currently investing its seventh private equity fund whose investors include leading sovereign wealth funds, foundations, universities, pension funds and other institutions. For more information on J.H. Whitney, please visit www.whitney.com.

SOURCE Golub Capital