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Golub Capital Provides Financing to Support Pamlico Capital’s Investment in symplr

November 24, 2015, 06:59 AM
Filed Under: Technology

Golub Capital announced it provided a GOLD financing to support Pamlico Capital's ("Pamlico") investment in symplr (the "Company") in partnership with The CapStreet Group ("CapStreet") and existing shareholders. GOLD financings are Golub Capital's One-Loan Debt facilities.  Golub Capital served as Administrative Agent, Sole Lead Arranger and Sole Bookrunner in connection with the financing.

Founded in 2006, symplr is an industry leader in compliance and credentialing Software-as-a-Service solutions that help healthcare organizations mitigate risk and ensure compliance. symplr has a single mission: to make healthcare compliance and credentialing simpler for all constituents of the healthcare community.

"We are excited for the opportunity to support the symplr platform," said Troy Oder, Managing Director.  "Management and CapStreet have done a great job positioning the Company as a leader in its market, and Pamlico will provide significant additional industry expertise to support the Company's continued growth."

"Once again, Golub has proven to be an excellent financing partner for us," said Brian Chambers, Principal, at Pamlico Capital.  "We value their ability to provide flexible and unique financing solutions, as well as their expertise in the healthcare and software industries."

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