Golub Capital has provided a $245 million debt facility to back Marlin Equity Partners‘ take-private acquisition of Bazaarvoice. Based in Austin, Texas, Bazaarvoice is a provider of consumer-generated content, advertising and personalization solutions.
NEW YORK, Feb. 27, 2018 /PRNewswire/ — Golub Capital recently announced that, as Administrative Agent, Lead-Left Arranger and Lead-Left Bookrunner, it provided a $245 million GOLD facility to support the take-private acquisition of Bazaarvoice (the “Company”) by Marlin Equity Partners (“Marlin”). GOLD financings are Golub Capital One-Loan Debt facilities.
Bazaarvoice is a leader in cloud-based e-commerce and shopper insight technology. The Company’s suite of applications allows brands to find, reach and win customers by providing tools to encourage, aggregate and distribute customer reviews. The Company’s products also respond to shopper questions, advertise to in-market shoppers and display social content. Over half a billion shoppers share content and reviews on the Bazaarvoice network each month, allowing the Company to provide brands with deep customer insights that strengthen their competitive edge.
“Bazaarvoice excels at providing today’s top brands and retailers with scalable consumer-generated content applications, services and data offerings,” said Nathan Pingelton, a principal at Marlin. “We appreciate the Golub Capital team for their support and look forward to partnering with them as we help Bazaarvoice drive product innovation and position the company for long-term growth.”
“SaaS-based platforms that can connect seamlessly into a variety of existing e-commerce tools are driving the way customers find and buy brands. Bazaarvoice’s suite of applications are a prime example of the type of technology that will shape the future of shopping,” said Hyun Chang, a managing director at Golub Capital. “We are confident in the Company’s track record and Marlin’s expertise in creating value and we look forward to the next chapter of cutting-edge growth.”
About Golub Capital Middle Market Lending
Golub Capital’s Middle Market Lending group provides financing for middle market, private equity-backed transactions with hold positions of up to $400 million and is an arranger of credit facilities up to $1 billion. Golub Capital’s award-winning team strives to establish long-term, win-win partnerships by providing dependable, fast and creative solutions that meet private equity sponsors’ and portfolio companies’ needs.
Golub Capital is a nationally recognized credit asset manager with over $25 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.
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with over $6.7 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 120 acquisitions. The firm is headquartered in Los Angeles, California with an additional office in London. For more information, please visit www.marlinequity.com.
Bazaarvoice helps brands and retailers find and reach consumers, and win them with the content they trust. Each month in the Bazaarvoice Network, more than one-half billion consumers view and share authentic consumer-generated content (CGC), including ratings and reviews as well as curated visual content, across 5,000 brand and retail websites. This visibility into shopper behavior allows Bazaarvoice to capture unique first-party data and insights that enable our targeted advertising and personalization solutions.
Founded in 2005, Bazaarvoice is headquartered in Austin, Texas with offices across North America and Europe. For more information, visit www.bazaarvoice.com.