New York, New York, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead Left Arranger for a private unitranche financing supporting Francisco Partners’ acquisition of Elite. Elite is a leading provider of mission-critical enterprise resource planning (“ERP”) software and integrated payment solutions for law firms globally. OHA is the largest holder of the newly raised debt facility. This transaction follows OHA’s role as the sole lender for TPG’s carve-out of ...

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]