Navigation Links
Golub Capital Provides $29.5 Million GOLD Facility in Support of the Recapitalization of ExtruMed
Date:3/26/2008

NEW YORK, March 26 /PRNewswire/ -- Golub Capital today announced that it has provided a $29.5 million one-loan debt financing (through Golub Capital's proprietary GOLD facility) in support of the recapitalization of ExtruMed, a market leader providing precision tubing solutions to the medical industry. Founded in 1990, and based in Placentia, Calif., ExtruMed's products are used in medical devices and technology serving various therapy areas including cardiology, vascular therapies, endosurgery, neurology, Ob/Gyn and urology. GOLD financings are proprietary Golub Capital One-Loan Debt facilities.

ExtruMed has been owned by Inverness Graham Investments and Wedbush Capital Partners since September 2005. The debt provided by Golub Capital will be used to refinance the company's existing debt and provide a cash dividend to the sponsors.

"We are very excited to have closed our first transaction with two private equity sponsors of the caliber of Inverness Graham and Wedbush Capital. We are pleased that we were able to provide them with the appropriate solution for their financing needs," said Golub Capital Managing Director Charlie Riceman. "ExtruMed is a true leader in its field. We have been extremely impressed with the deep knowledge and experience of the ExtruMed management team and are excited to watch ExtruMed continue to build out its capabilities and grow."

"We are pleased to close our first transaction with Golub Capital. The flexibility in structure and spirit of partnership demonstrated by Golub has contributed to a very efficient process. We are pleased to have them as partners in ExtruMed and look forward to future transactions together." says Scott Kehoe, a Managing Principal at Inverness Graham Investments.

Golub Capital lends to broad range of U.S.-based mid-market companies and initially invests between $5 million and $75 million with additional capital available for growth.

About Golub Capital

Golub Capital is an active provider of GOLD (Golub Capital's One-Loan Debt Facility), senior and subordinated debt, second lien debt, preferred stock, and co-investment equity to middle market companies. The firm is committed to being a value-added and user-friendly partner to owners, senior management and transaction sponsors. With a broad investment mandate and long-term time horizon, Golub Capital has a high level of flexibility in structuring investments. For more information, please visit http://www.golubcapital.com.


'/>"/>
SOURCE Golub Capital
Copyright©2008 PR Newswire.
All rights reserved

Related medicine news :

1. Capital BlueCross Receives Prestigious Brand Excellence Award From The Blue Cross & Blue Shield Association
2. Super Model Cindy Crawford will be Honored at DKMS Linked Against Leukemia Gala on May 7th at Capitale
3. St. Alcuin Montessori School Announces $5 Million Capital Campaign Gift
4. InforMedix Retains Murdock Capital Partners
5. LifeMasters Strengthens Capital Structure with $15 Million in Funding from Existing Investors
6. Avista Capital Partners Enhances Energy Practice With Appointment of Gerhard Kurz
7. HealthpointCapital, LLC Appoints Stephen H. Hochschuler, M.D. as Clinical Advisor
8. MaxLife Fund Corp. and Capital Growth Planning Inc., sign a joint venture agreement
9. Ener1 to Present at February Roth Capital 20th Annual OC Growth Stock Conference
10. CryoCor to Present at Roth Capital Partners 20th Annual OC Growth Stock Conference
11. Boston Scientific Completes Sale of Fluid Management and Venous Access Businesses to Avista Capital Partners
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/21/2017)... Atlanta, GA (PRWEB) , ... February 21, 2017 ... ... firm, announced the acquisition of the predictive analytic firm Predixion’s Healthcare IT practice. ... of investment and is backed by giants including Accenture, GE Ventures, ...
(Date:2/21/2017)... ... February 21, 2017 , ... Along with Valentine’s Day, ... and make small changes that can lead to a lifetime of heart health. ... a cardiac emergency. , The Athletic Trainers’ Society of New Jersey (ATSNJ) ...
(Date:2/20/2017)... (PRWEB) , ... February 20, 2017 , ... Silverado today ... Healthcare to open and operate a state-of-the-art memory care community in Alexandria, Virginia. The ... on a site just outside of Old Town. , The three-story community with ...
(Date:2/20/2017)... ... 20, 2017 , ... The StayWell Company and VUCA Health ... patient health risks, foster behavior change and improve health literacy among patients. VUCA Health, ... a demonstration of its video capability at StayWell booth 3443 during HiMSS. , ...
(Date:2/20/2017)... ... February 20, 2017 , ... Houston dentist , Dr. ... care at his office, Antoine Dental Center. Emergency dentistry encompasses many treatments for ... at risk for serious complications and often experience severe pain. Not only does ...
Breaking Medicine News(10 mins):
(Date:2/21/2017)... 21, 2017 Cadence Design Systems, Inc. (NASDAQ: ... Tensilica ® Fusion F1 DSP is part of the ... The licensable IP targets SoCs designed for battery-powered sensor nodes ... leveraged the Fusion F1 DSP both to implement the IEEE ... trigger, audio identification and sensor fusion on a single DSP. ...
(Date:2/21/2017)... Research and Markets has announced the addition of the "Liver Cirrhosis ... ... Cirrhosis Drugs Price Analysis and Strategies - 2016, provides drug pricing data ... answers the following questions: What are the key ... positioned in the Global Liver Cirrhosis market? What are ...
(Date:2/21/2017)... Research and Markets has announced the addition of ... to their offering. ... latest research Rosacea Drugs Price Analysis and Strategies - 2016, provides drug ... research answers the following questions: What are the ... positioned in the Global Rosacea market? What are the ...
Breaking Medicine Technology: