Blackstone, Golub and HPS Finance GTCR’s Buyout of Once For All

Sept. 1, 2023, 4:12 PM UTC

A trio of private lenders including Blackstone Inc.agreed to provide a loan to help finance GTCR LLC’s acquisition of compliance and supply chain management software platform Once For All, according to people with knowledge of the matter.

Blackstone, Golub Capital LLC and HPS Investment Partners are backing the buyout with a £180 million ($228 million) unitranche, a type of loan that blends senior and junior debt. They are also providing a line of credit for future acquisitions, according to the people, who weren’t authorized to speak publicly.

Spokespeople for GTCR, Blackstone, Golub and HPS declined to comment. ...

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