Press Release
May 6, 2024

Holland & Knight Advises Thryv on $435 Million Financing

DALLAS (May 6, 2024) – Holland & Knight advised Thryv Inc., a subsidiary of Thryv Holdings Inc. (Nasdaq: THRY), on a $435 million financing transaction. The transaction closed on May 1.

The new credit facilities consist of a $350 million senior term loan facility and an $85 million senior asset-based revolving loan facility. The new credit facilities refinanced the company's existing credit facilities and will provide ongoing working capital needs.

Headquartered in Dallas, Thryv is a multinational software-as-a-service (SaaS) company offering a do-it-all small business software platform that empowers small businesses to modernize how they work.

Holland & Knight finance Partner Arthur Lotz, Senior Counsel Khyshboo Patel and Associates Amir Saboorian, Ana Moreno and Lindsay Parish led the firm's representation of Thryv. They were assisted by Partner Robert Hill on intellectual property matters, Partner Brandon Bloom and Consulting Counsel John Cohn on tax matters, Partner Ashley Phillips on environmental matters and Partner Neely Munnerlyn on ERISA matters.

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