Golub Capital’s late stage lending team has provided $75 million in growth financing to San Mateo, California-based Apttus Corp, a quote-to-cash solution provider. Apttus’ backers include K1, Iconiq, Premji Invest and KIA.
SAN FRANCISCO, February 13, 2018 – Golub Capital announced today that its Late Stage Lending team (“LSL”) recently provided a $75 million growth financing to Apttus Corporation (“Apttus” or the “Company”).
Apttus is a Silicon Valley-based global provider of the Intelligent Middle Office platform allowing enterprises to automate and optimize their most critical revenue and commercial relationship management processes.
“Apttus’ ‘Middle-Office’ cloud-based solutions unlock tremendous value for organizations by streamlining and automating Quote-to-Cash operations, while delivering powerful data-driven insights to facilitate real-time decision-making. We view Apttus as the leader in this space,” said Peter Fair, Managing Director at Golub Capital. “We are confident that Apttus, with its innovative SaaS solution, will continue to be a great partner to its impressive client portfolio.”
“Partnering with Golub Capital provides us with scalable, flexible debt solutions that are uniquely structured for companies of our size,” said Terry Schmid, CFO at Apttus. “Golub Capital has a proven track record of supporting SaaS companies, and we are looking forward to what this partnership will bring in 2018 and beyond.”
About Golub Capital Late Stage Lending
Golub Capital Late Stage Lending offers growth debt opportunities to venture-backed, late stage SaaS companies. Golub Capital’s flexible credit solutions offer entrepreneurs and executives the opportunity to finance their future without diluting their ownership. The firm structures offerings to foster long-term partnerships, encouraging portfolio companies to take control of their growth, make strategic acquisitions and expand their product offerings.
Golub Capital is a nationally recognized credit asset manager with over $20 billion of capital under management. For over 20 years, Golub Capital has provided credit to help medium-sized U.S. businesses grow. The firm’s award-winning Middle Market Lending business provides financing for middle market companies and their private equity sponsors. Golub Capital’s credit expertise also forms the foundation of its Late Stage Lending and Broadly Syndicated Loan businesses. Golub Capital has worked hard to build a reputation as a fast, reliable provider of compelling financing solutions, and we believe this has inspired repeat clients and investors. Today, the firm has over 300 employees with lending offices in Chicago, New York and San Francisco. For more information, please visit golubcapital.com.