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Golub Capital Provides $35 Million Facility to Support Southern Anesthesia Acquisition

November 06, 2012, 07:04 AM

Golub Capital announced today that as sole bookrunner and administrative agent it provided a $35 million GOLD financing and equity co-investment to support the acquisition of Southern Anesthesia and Surgical, Inc. (SAS) by Beecken Petty O'Keefe & Company (BPOC). GOLD financings are Golub Capital's One-Loan Debt facilities.

Based in South Carolina, Southern Anesthesia and Surgical is a national distributor of pharmaceuticals and surgical supplies to oral health professionals who perform sedation-related dental and surgical procedures.

"SAS represents a strong growth platform serving a very stable core of oral and maxillofacial surgeons, periodontists, and dentists," said Golub Capital managing director Stefano Robertson, who leads the firm's healthcare efforts. "BPOC brings a long and successful history of investing both in dental and distribution and we are excited to have partnered with them in this transaction."

"Golub Capital proved to be a very good partner for us in this deal as they worked efficiently and were able to provide a full solution to our financing needs," said Tom Schlesinger, a partner at BPOC. "Throughout the process we viewed their Healthcare Finance team as our partner and they executed the transaction seamlessly. We look forward to working with them again."







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