Golub Capital Provides One-Loan Financing To Support Pamlico Capital’s Equity Investment In Secure-24, Inc.

CHICAGO, Sept. 26, 2012 /PRNewswire/ — Golub Capital announced today that as Sole Bookrunner and Administrative Agent it provided a GOLD financing to support an equity investment in Secure-24, Inc. ("Secure-24" or the "Company") by Pamlico Capital ("Pamlico"). GOLD financings are Golub Capital's One-Loan Debt facilities.

Headquartered in Metro Detroit, Secure-24 delivers managed IT operations, hosting and cloud computing from its state-of-the-art data centers located in Michigan, Nebraska and Arizona. The Company manages complex IT landscapes and business critical applications for leading mid-market and large global enterprises. Secure-24 is an SAP Certified Hosting and Cloud Provider with a broad SAP Basis Competency Center, and an Oracle Platinum Partner for hosting Oracle Enterprise Performing Management (EPM) solutions, such as Oracle E-Business Suite, PeopleSoft, JD Edwards, and Hyperion. For additional information about Secure-24 products and services, visit www.secure-24.com.

"We are excited to partner with Pamlico Capital again, and are enthusiastic about supporting their investment in Secure-24," said Golub Capital Managing Director Troy Oder. "Secure-24 is a unique platform with an excellent management team and broad capabilities in a rapidly growing market."

"This is our fourth transaction with Golub Capital," said Scott Stevens, a Partner at Pamlico Capital.  "Once again, they have proven to be a flexible partner whose industry knowledge and professional approach facilitated a seamless transaction."

About Golub Capital

With over $6 billion of 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 underwrites and syndicates senior credit facilities up to $250 million. Golub Capital's hold sizes range up to $150 million per transaction.

Golub Capital has been ranked a "Top 3" Traditional Middle Market Bookrunner every year from 2008 through 1Q 2012 by Thomson Reuters LPC for senior secured loans of up to $100 million for leveraged buyouts (based on number of deals completed). In 2012, Golub Capital was awarded the ACG New York Champion's Award for "Senior Lender Firm of the Year." 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 Pamlico Capital

Pamlico Capital is a private equity firm founded in 1988 that invests in growing middle market companies in the U.S. Pamlico Capital seeks control-oriented growth equity and buyout investments of up to $75 million alongside proven management teams in its target industries, business & technology services, communications, and healthcare. The firm, based in Charlotte, NC, currently manages over $2 billion in assets. Please refer to www.pamlicocapital.com for additional information.


SOURCE Golub Capital

CONTACT: Troy Oder, Managing Director, +1-312-254-5742, [email protected]