Blue Owl Technology Finance Corp. Completes Merger with Blue Owl Technology Finance Corp. II
March 24, 2025
Blue Owl Technology Finance Corp. (OTF) closed its merger with Blue Owl Technology Finance Corp. II (OTF II), with OTF as the surviving company, creating the largest software-focused BDC with over $12 billion of total assets pro forma and investments in ~180 portfolio companies. OTF II shareholders received 0.9113 shares of OTF for each OTF II share; the companies expect to leverage increased scale to enhance the Blue Owl credit platform and position the combined company for a potential liquidity event.
- Buyers
- Blue Owl Technology Finance Corp.
- Targets
- Blue Owl Technology Finance Corp. II
- Industry
- Financial Services
- Location
- New York, United States
- Transaction Type
- Buyout
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