Blue Owl Leads $750 Million Debt Deal for Vista Nexthink Buyout

Blue Owl Capital Inc. led a $750 million debt financing for Vista Equity Partners’ buyout of Nexthink SA, underscoring the private lender’s continued appetite for software deals even as liquidity concerns and unease over AI-driven disruption weigh on the market.

The financing, which wrapped this week, includes a $650 million term loan and a $100 million revolving credit facility, according to a person familiar with the matter, who asked not to be identified discussing private information. Blue Owl was the largest lender in the deal, the person said.