OHA Leads Private Debt Financing Supporting Majesco’s Acquisition of Vitech
Rhea-AI Summary
Oak Hill Advisors (OHA) served as Administrative Agent and Lead Left Arranger on a private unitranche financing that supports Majesco’s acquisition of Vitech and a concurrent refinancing, announced Jan. 8, 2026. OHA is the largest holder of the new debt facility, strengthening its relationship with private‑equity sponsor Thoma Bravo. The firm said its software and insurance credit expertise enabled fast execution and constructive input on the financing structure. Thoma Bravo and OHA highlighted the strategic fit of combining Majesco and Vitech to create a larger platform for life, annuity and P&C insurance carriers.
Positive
- OHA acted as Administrative Agent and Lead Left Arranger on the unitranche financing
- OHA is the largest holder of the new debt facility, deepening its relationship with Thoma Bravo
- Financing executed quickly with constructive input on structure from OHA
Negative
- None.
News Market Reaction – TROW
In the Jan 8 session, TROW gained 2.42%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Dec 15 | Product collaboration launch | Neutral | -1.2% | Launch of first co-branded model portfolios with Goldman Sachs AM. |
| Dec 11 | Private lending fund close | Neutral | +1.4% | Final close of OLEND with $17.7B total capital and $8.0B equity. |
| Dec 11 | ETF product launch | Neutral | +1.4% | Launch of two active core ETFs with fee waivers through Jan 2027. |
| Dec 10 | AUM and flows update | Neutral | -1.7% | Report of $1.79T AUM and $8.0B net outflows for November 2025. |
| Dec 08 | Retirement survey release | Neutral | -1.9% | Publication of inaugural Global Retirement Savers Study with key findings. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Over the past month, T. Rowe Price has reported several business developments. On Dec 8, 2025, it released a global retirement savers study, followed by preliminary November 2025 AUM of $1.79 trillion with net outflows of $8.0 billion on Dec 10. On Dec 11, the firm launched two active core equity ETFs and highlighted OHA’s senior private lending fund. A strategic co-branded model portfolio launch with Goldman Sachs Asset Management was announced on Dec 15. Today’s OHA-led financing for Majesco’s acquisition of Vitech continues OHA’s role in sponsor-backed private credit deals within TROW’s ecosystem.
Key Terms
private unitranche financing financial
administrative agent financial
lead left arranger financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
New York, New York, Jan. 08, 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 core software systems for property and casualty and life and annuity insurance carriers. Vitech is a complementary software solution provider catered to life and annuity insurance carriers and pension organizations.
OHA is the largest holder of the new debt facility, deepening its long-standing relationship with Thoma Bravo, a leading software 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 and support this strategic combination.”
###
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
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.
About Majesco: Majesco is the partner P&C and L&A insurers choose to create and deliver outstanding experiences for customers. Majesco combines their technology and insurance experience to anticipate what is next, without losing sight of what’s important now. Over 350 insurers, from MGAs, greenfields and startups to some of the world’s largest insurers and reinsurers, rely on Majesco’s intelligent SaaS platforms solutions, with GenAI powered insurance data analytics, of core, data, analytics, distribution, underwriting, loss control, digital, and rich ecosystem of partners to create their next now. For more information, please visit www.majesco.com.
About Thoma Bravo: Thoma Bravo is one of the largest software-focused investors in the world, with over
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