Golub Capital acted as Administrative Agent and Joint Lead Arranger on a USD1 billion GOLD facility to finance the merger of 2020 Technologies (2020) and Compusoft by Genstar Capital and TA Associates.
GOLD financings are Golub Capital One-Loan Debt facilities. The GOLD facility was funded using a combination of US dollars, Canadian dollars, British pounds sterling and eurodollars.
Golub Capital has been Administrative Agent to 2020 since Genstar acquired the company from Golden Gate Capital in May 2021. Golub Capital more than doubled the size of the GOLD facility to support 2020’s subsequent merger with Compusoft. The combined company will be majority-owned by Genstar Capital and TA Associates.
“We are thrilled to support the combination of these two leading software platforms backed by two top tier sponsors with whom we have longstanding, valued partnerships,” says Spyro Alexopoulos, Senior Managing Director and Head of Originations at Golub Capital. “Our confidence in both sponsors, as well as our deep expertise in software, enabled us to quickly establish a high level of conviction in the deal and provide a GOLD facility designed to grow as the company grows.”
