OHA Invests €41M in IDEAL Holdings

Rhea-AI Summary

IDEAL Holdings (TROW) announced that OHA (UK) LLP and affiliates have invested an additional €41 million in the Corporate Vehicle, raising OHA's participation to 25%. The proceeds will strengthen IDEAL Holdings' cash position and support its portfolio companies held by the CV, including Attica Department Stores, Byte, Adacom, Bluestream, Barba Stathis and Chalvatzis.

Under the Subscription Agreement, OHA also retains a right to co-invest up to €200 million alongside IDEAL over the next two years, providing potential additional capital for growth and expansion.

Positive

• Immediate cash injection of €41 million
• OHA stake increased to 25% in the Corporate Vehicle
• Right to co-invest up to €200 million over two years

Negative

• None.

Athens, Oct. 14, 2025 (GLOBE NEWSWIRE) -- IDEAL Holdings (“the Company”, RIC: IDEr.AT, Bloomberg: INTEK GA) further to its announcements dated 5 March 2025 and 15 April 2025, announces that OHA (UK) LLP and its affiliates (“OHA”) have exercised their right under the Subscription Agreement to make an additional investment through the same class of shares, increasing their participation in the Corporate Vehicle (“CV”) to 25% with an additional €41 million in cash.

The proceeds from this investment will further strengthen IDEAL Holdings cash position.

The CV currently holds substantially all of IDEAL Holdings’ investments, which include: (i) attica Department Stores, (ii) Byte, Adacom, Bluestream (“ICT”) and (iii) Barba Stathis & Chalvatzis. 

Moreover, through the CV, OHA will retain the right to co-invest alongside IDEAL Holdings, as a minority investor, with up to an additional €200 million over the next two years, supporting the Company’s growth and strategic expansion plans. 

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Information to the email ir@idealholdings.gr, for the attention of:
Mrs. Katerina Psifi tel. 210 5193977 & Mrs. Lydia Pistiola tel. 215 2159610

About IDEAL Holdings:
IDEAL Holdings is a listed holding company with a diversified investment portfolio. Following a disciplined business approach, it invests in companies with sustainable growth prospects and expansive orientation, by providing expertise and new business and financing opportunities that add value and accelerate the growth of its holdings. IDEAL Holdings' Investments are: (i) BYTE S.A. a provider of integrated IT and communications solutions, software application development and Trust services provider, (ii) ADACOM S.A provider of Trust services and cybersecurity solutions and services through a Cyber Security Incident Monitoring & Prevention Centre, (iii) BLUESTREAM SOLUTIONS S.A. provider of infrastructure services and cloud migration, data availability, and outsourcing services, (iv) IDEAL Software Solutions S.A., software development and IT solutions in the niche market of Enterprise Output Management, (v) attica Department Stores S.A. operates department stores in Athens and Thessaloniki, (vi) Barba Stathis S.A. producer and distributor of frozen vegetables, frozen meals and fresh salads, (vii) Chalvatzis Makedoniki S.A. producer and distributor of steamed vegetables, jams, fruit salads and ready to eat meals & salads.

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 has approximately $98 billion in assets under management (AUM) across credit strategies, including private credit, distressed and special situation investments, high yield bonds, leveraged loans and collateralized loan obligations as of June 30, 2025. Additional information on OHA’s AUM calculation methodology can be found on the OHA website. OHA’s emphasis on long-term partnerships with companies, sponsors and other partners allows for the provision of customized credit solutions across market cycles. With over 420 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 www.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

FAQ

What did IDEAL Holdings announce on October 14, 2025 regarding OHA and TROW?

IDEAL Holdings announced an additional €41 million investment from OHA, increasing OHA's CV stake to 25%.

How will the €41 million investment affect IDEAL Holdings' cash position (TROW)?

The company said the proceeds will strengthen IDEAL Holdings' cash position.

What co-investment rights did OHA secure with IDEAL Holdings (TROW)?

OHA retains the right to co-invest alongside IDEAL as a minority investor for up to €200 million over the next two years.

Which portfolio companies held in IDEAL Holdings' Corporate Vehicle are supported by the OHA investment?

The CV holds investments including Attica Department Stores, Byte, Adacom, Bluestream, Barba Stathis and Chalvatzis.

Does the announcement state any change to IDEAL Holdings' ownership structure after the OHA investment?

The announcement reports OHA's participation in the Corporate Vehicle increased to 25%; no other ownership changes were specified.