Ares Management Direct Lending funds, Carlyle’s Global Credit platform, and Goldman Sachs Alternatives have agreed to commit approximately £1.2bn of debt financing to OneAdvanced, a leading UK provider of enterprise software solutions, to support the full refinancing of its existing debt facilities.
OneAdvanced is backed by Vista Equity Partners and BC Partners.
Founded in 2008, OneAdvanced is a leading UK enterprise software and service provider, delivering mission-critical SaaS solutions within finance, procurement, people management and governance, to help streamline operations and drive efficiencies in critical sectors with high societal impact.
With more than 2,100 employees globally, OneAdvanced serves over 10,000 customers within the healthcare, education, government, housing, and professional services sectors. The company is led by technology industry veteran, Simon Walsh, and an experienced, long-tenured management team.
The transaction is expected to complete in Q3 2025, subject to customary closing conditions.
