Eversheds Sutherland Advises on Blue Owl Technology Finance Corp. and Blue Owl Technology Finance Corp. II Merger Agreement

Eversheds Sutherland Advises on Blue Owl Technology Finance Corp. and Blue Owl Technology Finance Corp. II Merger Agreement

November 26, 2024

United States
United States
United States

Eversheds Sutherland is pleased to announce that it advised the special committee of independent directors of Blue Owl Technology Finance Corp. (“OTF”) in connection with the definitive merger agreement announced earlier this month between OTF and Blue Owl Technology Finance Corp. II ("OTF II"). OTF is the surviving company, subject to certain shareholder approvals and other customary closing conditions. Following the recommendation of each of their special committees, the boards of directors of both OTF and OTF II have unanimously approved the transaction. 

The transaction is expected to create one of the largest BDCs and the largest dedicated software-focused BDC by total assets.

The Blue Owl press release is available here.

Eversheds Sutherland Capital Markets Partner Cynthia Krus led the deal, with support from Capital Markets Partners Kristin Burns and Dwaune Dupree and Tax Partner Jon Sambur; Tax Senior Associate Brian Tschosik; and Capital Markets Associate Lea Schild.
The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Services

Industries

Client Tools

Key contacts

cynthiakrus@eversheds-sutherland.us

Cynthia M. Krus

Partner

Washington, DC, United States

Dupree_Dwaune_@300

Dwaune L. Dupree

Partner

Washington, DC, United States

briantschosik@eversheds-sutherland.com

Brian Tschosik

Partner

Washington, DC, United States

Latest Insights

  • legal updates
  • legal updates
  • legal updates
  • legal updates

Latest News

Latest Events

zero waste new pic

legal updates

November 12, 2026

EV charging COP31

legal updates

November 11, 2026

tracker image - Algorithmic

legal updates

November 11, 2026

atrium glass roof interior modern architecture indoor trees sustainability

legal updates

November 11, 2026

© Eversheds Sutherland 2026. All rights reserved. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed or affiliated firms and the members of Eversheds Sutherland (Europe) Limited and Eversheds Sutherland (Africa) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global entity. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For further information about these Eversheds Sutherland Entities and Eversheds Sutherlands’ structure please see the Legal Notices page of this website. For information on Konexo please also see the Legal Notices page of this