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 the company from Thomson Reuters in 2023. OHA's familiarity with the company, combined with its decades of experience investing in ERP software companies, enabled a decisive and scaled financing solution.

"Since our initial investment in Elite, the business has demonstrated a strong track record of performance and remarkable growth. Elite operates as a market leader, maintaining best-in-class customer retention while driving industry-wide cloud adoption," said Eric Muller, Partner and ...