OHA is Administrative Agent & Lead Left Arranger for Acentra Health’s Private Refinancing
2024年4月16日 - 2:00AM
Oak Hill Advisors (“OHA”) served as Administrative Agent and Lead
Left Arranger for a unitranche facility supporting the refinancing
of Acentra Health (“Acentra”), a portfolio company of Carlyle.
Acentra is a leading provider of technology products and services
to government healthcare agencies that are essential to
administering Medicaid, Medicare and other health programs at the
federal and state level, including claims processing, enrollment
and data analytics. OHA is the largest holder of the new financing.
OHA first provided financing to Acentra in
December 2021, to support Carlye’s acquisition of its predecessor
company, CNSI, from Alvarez & Marsal Capital Partners. In
December 2022, OHA once again engaged with Carlyle to lead the debt
financing for CNSI’s acquisition of Kepro, creating Acentra Health.
OHA also supported Acentra’s subsequent acquisition of Espyr, a
provider of workplace mental health and wellbeing programs, in
2023.
“Since our initial investment in its predecessor
business, Acentra has maintained a strong growth proposition and
track record of performance,” said Eric Muller, Partner and
Portfolio Manager. “We look forward to extending our partnership
with Carlyle and the management team as the company expands its
scope of service and continues delivering healthcare technology
solutions that benefit the public sector.”
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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
$63 billion of capital across credit strategies, including private
credit, high yield bonds, leveraged loans, stressed and distressed
debt and collateralized loan obligations as of December 31, 2023.
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.
About Acentra Health: Acentra Health,
formed in 2023 by the merger of industry leaders CNSI and Kepro,
combines public sector knowledge, clinical expertise, and
technological ingenuity to modernize the healthcare experience for
state and federal partners and their priority populations. From
designing and developing advanced claims, encounter, and provider
solutions that drive efficiency and cost savings to delivering
clinically focused service models for care management and quality
oversight, Acentra Health is accelerating better outcomes. Acentra
Health is backed by Carlyle (NASDAQ: CG), a global investment
firm.
About Carlyle: Carlyle (NASDAQ: CG) is a
global investment firm with deep industry expertise that deploys
private capital across its business and conducts its operations
through three business segments: Global Private Equity, Global
Credit and Global Investment Solutions. With $426 billion of assets
under management as of December 31, 2023, Carlyle’s purpose is to
invest wisely and create value on behalf of its investors,
portfolio companies, and the communities in which we live and
invest. Carlyle employs more than 2,200 people in 28 offices across
four continents. Further information is available
at www.carlyle.com. For more, follow Carlyle on LinkedIn and
X.
Natalie Harvard, Head of Investor Relations & Partner
Oak Hill Advisors, L.P.
212-326-1505
nharvard@oakhilladvisors.com
Kristin Celestino, Public Relations
Oak Hill Advisors, L.P.
817-215-2934
kcelestino@oakhilladvisors.com
T Rowe Price (NASDAQ:TROW)
過去 株価チャート
から 5 2024 まで 6 2024
T Rowe Price (NASDAQ:TROW)
過去 株価チャート
から 6 2023 まで 6 2024