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Golub Capital supports GI Partners' acquisition of Cryobank, Cord Blood Registry with USD 450m in financing.

M2 EQUITYBITES-August 22, 2018-Golub Capital supports GI Partners' acquisition of Cryobank, Cord Blood Registry with USD 450m in financing

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Golub Capital has announced that it has served as Administrative Agent, Sole Lead Arranger and Sole Bookrunner, providing USD 450 million of senior credit facilities to support the acquisitions of California Cryobank and Cord Blood Registry by GI Partners, the company said.

The two businesses will be combined and operate under the California Cryobank Life Sciences platform, bringing together best-in-class organizations to provide enhanced domestic and international expansion opportunities in both the donor reproductive tissue and newborn stem cell industries.

Golub Capital's Middle Market Lending group provides financing for middle market, private equity-backed transactions with hold positions of up to USD 600 million and underwrites and arranges credit facilities of up to USD 1 billion.

Golub Capital is a credit asset manager with over USD 25 billion of capital under management.

GI Partners is a private equity investment firm based in San Francisco. The firm has raised USD 16.0 billion in capital from institutional investors across the globe. GI Partners' private equity team focuses on investments in the IT Infrastructure, Healthcare, Software, and Services sectors.

California Cryobank Life Sciences is a leader across the donor reproductive tissue and newborn stem cell collection and storage industries, offering a full family focused suite of services.

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Publication:M2 EquityBites (EQB)
Date:Aug 22, 2018
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