Golub Capital BDC (NASDAQ:GBDC) (NASDAQ: GBDC) is a publicly traded business development company that provides debt and equity financing solutions to middle-market companies in the United States. As a finance sponsor, Golub Capital BDC specializes in senior secured lending, unitranche structures and second-lien facilities, often partnering with private equity sponsors to support leveraged buyouts, growth initiatives and refinancing transactions. The company seeks to deliver consistent income generation through a diversified portfolio of floating-rate loans to established businesses across a range of industries, including healthcare, technology, business services and manufacturing.
Established in 2013, Golub Capital BDC leveraged the track record and infrastructure of its sponsor, Golub Capital, which was founded in 1994 by David Golub. The BDC structure allows individual and institutional investors to access middle-market credit opportunities alongside large-scale investors, with an emphasis on capital preservation and downside protection. Golub Capital’s integrated credit platform offers in-house underwriting, portfolio monitoring and risk management, enabling the BDC to deploy capital efficiently and respond swiftly to borrower needs.
Golub Capital BDC’s investment strategy centers on building strong sponsor relationships and targeting companies with robust cash flow profiles, stable market positions and alignment with seasoned private equity managers. The company’s financing spectrum ranges from first-lien senior secured loans to multi-tranche unitranche facilities, often coupled with equity co-investment options. This approach allows portfolio companies to access flexible capital structures tailored to growth plans, acquisitions and dividend recaps, while providing GBDC with a balanced risk-reward profile.
Headquartered in New York City, Golub Capital BDC benefits from the global reach of Golub Capital’s offices in London and the West Coast to source cross-border opportunities and support multinational borrowers. The BDC is led by a team of senior investment professionals with decades of experience in middle-market lending, credit analysis and portfolio management. Under the guidance of its board of directors and senior management, Golub Capital BDC continues to expand its footprint as a leading provider of privately negotiated debt solutions to the middle-market segment.
