OHA is Administrative Agent & Lead Left Arranger of Private Unitranche Financing Supporting Francisco Partners’ Acquisition of Elite

Core Insights - Oak Hill Advisors ("OHA") acted as the Administrative Agent and Lead Left Arranger for a private unitranche financing to support Francisco Partners' acquisition of Elite, a leading provider of ERP software and integrated payment solutions for law firms globally [1][2] Company Overview - OHA is a global credit-focused alternative asset manager with over 30 years of investment experience, managing approximately $98 billion of capital across various credit strategies as of June 30, 2025 [4] - Elite, founded in 1947, is a leading independent technology company that provides innovative digital financial solutions for law firms [6] - Francisco Partners is a global investment firm specializing in technology and technology-enabled businesses, having invested in over 450 technology companies and raised more than $50 billion in capital [7] Transaction Details - The financing transaction follows OHA's previous role as the sole lender for TPG's carve-out of Elite from Thomson Reuters in 2023, showcasing OHA's familiarity with the company and its expertise in ERP software investments [2] - Eric Muller, Partner and Portfolio Manager at OHA, highlighted Elite's strong performance and growth, emphasizing its market leadership and customer retention [3]