Private Credit Firms Back $1.4B Loan to Support OneStream Acquisition

A consortium of private credit firms has arranged a $1.4 billion financing package to support the acquisition of enterprise software company OneStream.

The deal highlights the growing influence of private credit markets as traditional banks remain cautious on large leveraged transactions.

Institutional lenders provided flexible terms and structured financing to accelerate the acquisition timeline while ensuring liquidity stability.

Analysts say the move reflects rising investor appetite for software and fintech infrastructure assets with recurring revenue models.

The transaction also signals continued momentum in private capital deployment, as funds seek higher yield opportunities and play an increasingly central role in major mergers and acquisitions globally.