Private Debt Financing
Search documents
OHA Leads Private Debt Financing Supporting Majesco’s Acquisition of Vitech
Globenewswire· 2026-01-08 18:08
Core Insights - Oak Hill Advisors ("OHA") acted as the Administrative Agent and Lead Left Arranger for a private unitranche financing to support Majesco's acquisition of Vitech Systems Group and a concurrent refinancing [1] - Majesco, a portfolio company of Thoma Bravo, specializes in core software systems for property and casualty and life and annuity insurance carriers, while Vitech provides complementary software solutions for similar sectors [1] Company Overview - OHA is a leading global credit-focused alternative asset manager with over 30 years of investment experience, managing approximately $108 billion in capital across various credit strategies as of September 30, 2025 [4] - Majesco serves over 350 insurers, offering intelligent SaaS platform solutions powered by GenAI for data analytics, distribution, underwriting, and more [6] - Thoma Bravo is a major software-focused investor with over $181 billion in assets under management as of September 30, 2025, and has invested in approximately 565 companies over the past 20 years [7] Strategic Partnership - OHA's long-standing relationship with Thoma Bravo allows for proactive engagement and efficient execution of financing structures [2] - The collaboration aims to enhance operational efficiency and innovation in product offerings for the combined business of Majesco and Vitech [3]