Golub Capital
Description
Golub Capital is a prominent direct lender and credit asset manager, distinct from a traditional venture capital firm. Established in 1994 and headquartered in New York, the firm specializes in providing comprehensive debt financing solutions to middle-market companies, primarily those backed by private equity sponsors. Their expertise lies in structuring flexible debt capital across various industries, including healthcare, software, and business services, supporting leveraged buyouts, recapitalizations, and growth initiatives.
The firm's core offerings include One-Stop financing, Unitranche loans, revolving credit facilities, and second lien debt. Golub Capital manages a substantial portfolio, with over $70 billion of capital under management as of recent reports, solidifying its position as a major player in the private credit market.
Unlike venture capital firms that focus on equity investments in early-stage or growth companies, Golub Capital's investment strategy is centered on providing senior and junior debt. Their typical loan sizes for these debt facilities range from approximately $10 million to $750 million, catering to the financing needs of established middle-market businesses. Consequently, for a venture capital analyst seeking information on equity "first cheques," Golub Capital does not fit the profile, as their primary investment vehicle is debt rather than equity.
Investor Profile
Golub Capital has backed more than 43 startups, with 4 new investments in the last 12 months alone. The firm has led 21 rounds, about 49% of its total and boasts 15 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Debt Financing, Series Unknown, Series B rounds (top funding stages).
- Majority of deals are located in United States, Australia, Canada.
- Strong thematic focus on Software, SaaS, Information Technology.
- Led 2 rounds in the past year.
Stage Focus
- Debt Financing (42%)
- Series Unknown (16%)
- Series B (9%)
- Private Equity (9%)
- Series C (7%)
- Series F (2%)
- Series G (2%)
- Post Ipo Equity (2%)
- Series A (2%)
- Series D (2%)
Country Focus
- United States (88%)
- Australia (5%)
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- Canada (2%)
- Switzerland (2%)
- France (2%)
Industry Focus
- Software
- Saas
- Information Technology
- Health Care
- Cloud Data Services
- Devops
- Enterprise Software
- Medical
- Financial Services
- Business Development
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.
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