Oak Hill Advisors (OHA) served as the left lead arranger for the private financing of infrastructure-focused professional services firm STV Group, which is partnered with The Pritzker Organization (TPO). STV is using the financing proceeds to support a refinancing of its existing syndicated first lien capital structure, to fund an acquisition and to help support growth. OHA is one the largest holders of the total facility, which is more than $500 million in size.
Oak Hill Advisors’ relationship with TPO positioned it to source and engage early with the borrower to structure a financing solution, having recently served as lead arranger for the private unitranche refinancing of Mammoth Holdings, which is also partnered with TPO.
“With its solution-oriented leadership and ability to show up in scale, OHA is a valued strategic partner as we progress on the development of our platform investments,” Larry Tarschis, managing director at TPO, said. “We look forward to collaborating with OHA to advance the long-term growth plans for STV, with a focus on expanding its geographic footprint, service lines, and continuing to support the significant growth in infrastructure investment.”
This transaction was sourced through OHA’s strategic direct lending partnership with BMO Capital Markets, who served as administrative agent and joint lead arranger.
