TROW - OHA is a Joint Lead Arranger of the Private Unitranche Financing for HGGC's Acquisition of Rimkus Consulting Group | Benzinga
New York, New York, April 02, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors ("OHA") served as a Joint Lead Arranger for the private financing supporting the acquisition of Rimkus Consulting Group ("Rimkus") by HGGC. Rimkus is a leading provider of mission-critical engineering and technical consulting services to clients worldwide. Rimkus' team of experts delivers specialized solutions to complex questions and problems, with a focus on industry-leading client service. OHA was one of two lenders providing the more than $400 million total financing facility, consisting of a unitranche term loan, delayed draw term loan and revolver.
"We are pleased to partner with HGGC and deliver our decades-long experience lending to business services companies to support this transaction," said Eric Muller, Partner and Portfolio Manager at OHA. "With its best-in-class technical expertise and trusted client relationships, Rimkus has established a strong reputation within the field of engineering consulting, and we look forward to helping advance the company's growth trajectory alongside its equity partners."
OHA's knowledge of the forensic engineering sector and deep expertise investing in the broader consulting ecosystem positioned it to engage early with HGGC and facilitate a successful ...