New York, New York, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Oak Hill Advisors ("OHA") served as Administrative Agent and Lead Left Arranger for a private unitranche financing supporting Majesco's acquisition of Vitech Systems Group ("Vitech") and a concurrent refinancing. Majesco, a portfolio company of Thoma Bravo, is a leading provider of cloud-native, AI-native software for insurers in the property and casualty (P&C) and life, annuity and health (L&AH) sectors. Vitech is a complementary provider of cloud-native pension and benefits administration software.

OHA is the largest holder of the new debt facility, deepening its long-standing relationship with Thoma Bravo, the world's largest software-focused investment firm. Having followed Majesco closely over time, OHA was well positioned to engage proactively with the company and Thoma Bravo, provide constructive input on the proposed financing structure, and execute the transaction with speed and efficiency.

"Our deep experience as both a software-focused credit provider and an active investor across the insurance ecosystem enables us to partner confidently with market leaders like Majesco," said Alan Schrager, Senior Partner and Portfolio Manager at OHA. "Supported by Thoma Bravo's deep expertise in scaling software companies, OHA believes the combined business is well positioned to achieve operational efficiency, innovate its product suite, and accelerate its trajectory as a best‑in‑class platform for insurers."

"Vitech and Majesco together create a powerful, industry-leading platform for insurers," said Matt Gilbert, Managing Director, Capital Markets at Thoma Bravo. "OHA has been a trusted financing partner across multiple transactions, and their deep expertise in both software and insurance made them an ideal collaborator on this transaction. We are pleased to continue our strong partnership with them."

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About OHA: Oak Hill Advisors (OHA) is a leading global credit-focused alternative asset manager with over 30 years of investment experience. OHA works with institutions and individuals and seeks to deliver a consistent track record of attractive risk-adjusted returns. The firm manages approximately $108 billion of capital across credit strategies, including private credit, high yield bonds, leveraged loans, stressed and distressed debt and collateralized loan obligations as of September 30, 2025. OHA's emphasis on long-term partnerships with companies, sponsors and other partners provides access to a proprietary opportunity set, allowing for customized credit solutions across market cycles.

With over 400 experienced professionals across six global offices, OHA brings a collaborative approach to offering investors a single platform to meet their diverse credit needs. OHA is the private markets platform of T. Rowe Price Group, Inc. (NASDAQ – GS: TROW). For more information, please visit oakhilladvisors.com.

Natalie Harvard, Head of Investor Relations & Partner
Oak Hill Advisors, L.P.
212-326-1505
nharvard@oakhilladvisors.com

Kristin Celestino, Vice President, Public Relations
Oak Hill Advisors, L.P.
817-215-2934
kcelestino@oakhilladvisors.com