NEW YORK, Jan. 9, 2018 /PRNewswire/ -- Golub Capital
recently announced that as Lead-Left Bookrunner, Lead-Left Arranger
and Administrative Agent, it provided a GOLD facility to finance
the acquisition of Net Health (www.nethealth.com) by The Carlyle
Group (NASDAQ: CG), Level Equity and Management. GOLD financings
are Golub Capital One-Loan Debt facilities. This facility will
enable Net Health to further invest in products, customer support
and ultimately drive growth, both organic and through
acquisitions.
Net Health is the leading provider of SaaS solutions for
specialized outpatient care, serving national hospital systems, and
healthcare professionals in wound care, physical therapy,
occupational medicine, urgent care, and employee health facilities.
More than 3,000 facilities across North
America rely on Net Health every day to organize and
accelerate their patient care, as well as bring efficiency to their
overall operations, including increase revenue, reduce costs, and
improve clinical outcomes for healthcare providers and their
patients.
"At Golub Capital, we believe in the power of healthcare IT
companies to create efficiencies in healthcare practices that lead
to positive patient outcomes, as well as create value for
stakeholders. Net Health has a proven track record of achieving
both and we are pleased to partner with the Company and Carlyle
during an exciting period of growth," said Hyun Chang, Managing Director at Golub
Capital.
Golub Capital is proud to continue its partnership with Carlyle,
having previously facilitated its acquisitions of NetMotion and ECi
Software Solutions.
"The Golub Capital team continues to be extremely knowledgeable,
flexible and agile partners," said Michael
Gozycki, Managing Director at Carlyle. "We seek to leverage
Carlyle's deep vertical market software expertise in industries
such as healthcare to partner with companies with strong potential
for value creation. We are thrilled to partner with the Net
Health management team to support the Company's next chapter of
growth."
About Golub Capital Middle Market Lending
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.
Golub Capital is a nationally recognized credit asset manager
with over $20 billion of capital
under management. For over 20 years, Golub Capital has provided
credit to help medium-sized U.S. businesses grow. The firm's
award-winning Middle Market Lending business provides financing for
middle market companies and their private equity sponsors. Golub
Capital's credit expertise also forms the foundation of its Late
Stage Lending and Broadly Syndicated Loan businesses. Golub Capital
has worked hard to build a reputation as a fast, reliable provider
of compelling financing solutions, and we believe this has inspired
repeat clients and investors. Today, the firm has over 300
employees with lending offices in Chicago, New
York and San Francisco. For
more information, please visit golubcapital.com.
About Net Health
Net Health is the leader in software solutions for specialized
outpatient care. Known for being experts in The Art of the Right
Fit®, our fully interoperable EHR solutions serve five medical
specialty markets and offer clients an end-to-end solution that
includes practice management tools, clinical workflow
documentation, revenue cycle management, expert coaching, and
analytics. Net Health serves healthcare professionals in 98% of the
largest hospital chains as well as private practices around the
country—driving workflow in more than 3,000 urgent care, wound
care, physical therapy, speech and language therapy, occupational
therapy, occupational medicine, employee health, and workplace
medicine facilities each day. For more information visit
nethealth.com.
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SOURCE Golub Capital