OHA is Administrative Agent & Lead Left Arranger for Private Refinancing of FloWorks

Group 1: Financing and Investment - Oak Hill Advisors (OHA) acted as the Administrative Agent and Lead Left Arranger for a private unitranche facility supporting FloWorks, which is a portfolio company of Wynnchurch Capital [1] - The financing will be utilized to refinance FloWorks' existing debt and to support future acquisitions [1] - OHA is the largest holder in the new financing facility, indicating a significant commitment to FloWorks [1] Group 2: Company Overview - FloWorks is a leading specialty distributor of critical flow control products and provides tailored technical solutions for MRO-focused applications, serving various industrial end markets [6] - The company offers a range of products including valves & automation, corrosion resistant flow control, rotating equipment, flanges, filters & purifiers, and instrumentation [6] Group 3: OHA's Expertise and Strategy - OHA's existing knowledge of the flow control distributor industry, gained through investments in similar companies, enabled it to provide constructive feedback and take a leadership role in the refinancing solution [2] - OHA has over 30 years of investment experience and manages approximately $71 billion of capital across various credit strategies as of September 30, 2024 [4] - The firm emphasizes long-term partnerships, allowing for customized credit solutions across market cycles [4] Group 4: Wynnchurch Overview - Wynnchurch is a leading middle-market private equity investment firm with $9.2 billion of regulatory assets under management, focusing on companies with substantial growth potential [7] - The firm specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings [7]