Golub Capital Partners focuses on investments in US-based middle-market companies including one-loan financings, senior, second lien and subordinated debt, preferred stock and equity co-investments. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital's buy-and-hold products range from $10 million to $75 million, with additional capital available for future growth. For larger transactions, substantial additional capital is available from the firm's limited partners on a co-investment basis. Golub Capital makes equity co-investments up to $25 million. Their co-investments may be structured as preferred stock or common equity.The firm seeks to partner with strong management teams with long-term growth strategies. Golub Capital employs a long-term investment horizon. They invest in independent companies and in transactions supported by financial sponsors. Investment structures include refinancings, recapitalizations, traditional buyouts and growth financings.Golub Capital's funds invest in both privately-held and publicly-held companies. Though not limited by sector, the firm tends to invest in the following industries: consumer products, business and consumer services, defense, manufacturing, value-added distribution, media, healthcare services and restaurants. They look for companies with operating cash flow of at least $5 million and EBITDA of at least $4 million. Companies should have: (1) experienced management teams with successful track records (2) predictable cash flows (3) low technology and market risks (4) strong customer relationships (5) products, services or distribution channels with distinctive competitive advantages and (6) demonstrated growth strategies. Golub Capital does not invest in high technology, biotechnology, pharmaceutical, telecommunications infrastructure, oil and gas exploration, re-lending or passive real estate businesses.