Oak Hill Advisors (OHA) served as administrative agent and lead left arranger for a private unitranche financing supporting Francisco Partners’ acquisition of Elite, a leading provider of enterprise resource planning software and integrated payment solutions for law firms globally. OHA is the largest holder of the newly raised debt facility.
“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,” Eric Muller, partner and portfolio manager at OHA, said. “We are excited to deepen our partnership with Francisco Partners and the Elite leadership team as the company enters its next phase of expansion.”
