Golub Capital Co-Leads Successful Closing of a Single-Asset Continuation Vehicle
Simpson Thacher advised Golub Capital as a co-lead investor in the successful closing of a single-asset continuation vehicle sponsored by Bridge Growth Partners, LLC, with US$790 million (C$1.1 billion) in commitments for Solace, a real-time data and agentic AI platform purpose-built for the enterprise AI era. The transaction also represents the first co-lead investment in Golub Capital’s GP-Led Secondaries strategy.
The Simpson Thacher team included Drew Harmon, Faris Elrabie, William Bartlett and Brian Kudowitz (Fund Transactions); Benjamin Rippeon, Kathryn Stone, Tova Pfeffer and Jessica Berman (Tax); and Kelly Karapetyan (Antitrust).