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OHA is Administrative Agent & Joint Lead Arranger of Private Unitranche Financing Supporting Berkshire Partners’ Acquisition of Triumvirate Environmental
TROWT. Rowe Price(TROW) GlobeNewswire·2025-02-06 15:15

Company Overview - Oak Hill Advisors (OHA) is a leading global credit-focused alternative asset manager with over 30 years of investment experience, managing approximately 71billionofcapitalacrossvariouscreditstrategiesasofSeptember30,2024[3][4].TriumvirateEnvironmental,foundedin1988,providessustainableenvironmentalsolutionstoover4,000customersacrossNorthAmerica,focusingonlifesciences,healthcare,education,andadvancedmanufacturing[5].BerkshirePartnersisa10071 billion of capital across various credit strategies as of September 30, 2024 [3][4]. - Triumvirate Environmental, founded in 1988, provides sustainable environmental solutions to over 4,000 customers across North America, focusing on life sciences, healthcare, education, and advanced manufacturing [5]. - Berkshire Partners is a 100% employee-owned investment firm with a focus on private and public equity, currently investing from its Fund XI, which has approximately 7.8 billion in commitments [6]. Financing Details - OHA served as Administrative Agent and Joint Lead Arranger for a private unitranche facility to support Berkshire Partners' acquisition of Triumvirate Environmental, which includes a unitranche term loan, delayed draw term loan, and revolver [1][2]. - The financing solution was tailored to meet the specific needs of Berkshire Partners, leveraging OHA's flexibility and structuring expertise [2][3]. Strategic Positioning - Triumvirate has established a niche competitive position within the environmental services industry, which is expected to support its growth trajectory [3]. - OHA emphasizes long-term partnerships with companies and sponsors, providing access to proprietary opportunities and customized credit solutions across market cycles [3][4].