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News  ›  GlobeNewswire Inc.

UPDATE - OHA Leads Private Debt Financing Supporting Majesco’s Acquisition of Vitech

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UPDATE - OHA Leads Private Debt Financing Supporting Majesco’s Acquisition of Vitech

Oak Hill Advisors served as Administrative Agent and Lead Left Arranger for a private unitranche financing supporting Majesco's acquisition of Vitech Systems Group and concurrent refinancing. Majesco, a Thoma Bravo portfolio company, provides cloud-native software for insurers, while Vitech offers pension and benefits administration software. OHA is the largest holder of the new debt facility.

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Mentioned only as the parent company of OHA's private markets platform; no direct impact or news regarding T. Rowe Price operations in this transaction.