Workflow
Integrated payment solutions
icon
Search documents
The OLB Group, Inc. Announces 2025 Annual Meeting of Stockholders
Accessnewswire· 2025-12-11 14:30
Core Points - The OLB Group, Inc. will hold its 2025 Annual Meeting of Stockholders virtually on December 19, 2025, at 10:00 a.m. Eastern Time [1] - Stockholders of record as of November 25, 2025, are invited to attend and vote on key matters affecting the company's future [1] Meeting Details - Date and Time: December 19, 2025, at 10:00 AM Eastern Time [2] - Location: Virtual Meeting with a provided link for attendance [2] - Agenda Items include the election of directors, ratification of the independent auditor, and approval of executive compensation [2][5] Participation Information - Stockholders are encouraged to review proxy materials and submit votes prior to the meeting [3] - Registration instructions are available through the meeting link [3] Company Overview - The OLB Group, Inc. is a diversified fintech company specializing in integrated payment solutions and OmniCommerce [4] - The company serves businesses nationwide with secure and innovative financial technology platforms [4] Agenda Items for Consideration 1. Election of Directors: Nominees include Ronny Yakov, Ehud Ernst, Amir Sternhell, and Alina Dulimof for a one-year term [5] 2. Ratification of Independent Auditor: RBSM, LLP is proposed as the independent registered public accounting firm for the fiscal year ending December 31, 2025 [5] 3. Executive Compensation Advisory Vote: An advisory vote to approve the compensation of named executive officers [5] 4. Other Business: Updates on spin-off Dmint, ongoing litigations, and new products for 2026 will be discussed [5]
OHA is Administrative Agent & Lead Left Arranger of Private Unitranche Financing Supporting Francisco Partners' Acquisition of Elite
Globenewswire· 2025-09-30 11:00
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] - OHA's previous experience as the sole lender for TPG's carve-out of Elite from Thomson Reuters in 2023 facilitated a decisive financing solution due to its familiarity with the company and expertise in ERP software investments [2] - Eric Muller from OHA highlighted Elite's strong performance and growth, emphasizing its market leadership and customer retention, and expressed excitement about the partnership with Francisco Partners and Elite's leadership for future expansion [3] Company Overview - Oak Hill Advisors is a global credit-focused alternative asset manager with over 30 years of investment experience, managing approximately $98 billion in capital across various credit strategies as of June 30, 2025 [4] - OHA employs over 400 professionals across six global offices, providing a collaborative platform to meet diverse credit needs and is the private markets platform of T. Rowe Price Group, Inc. [5] - Elite, founded in 1947, is an independent technology company that develops innovative digital financial solutions for law firms, positioning itself as a leader in the legal technology sector [6] Investment Firm Profile - 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 since its inception [7]
OHA is Administrative Agent & Lead Left Arranger of Private Unitranche Financing Supporting Francisco Partners’ Acquisition of Elite
Globenewswire· 2025-09-30 11:00
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]