GCS provides commercial due diligence to Ares on £1.2bn refinancing of OneAdvanced

GCS (formerly, GRAPH Strategy) is pleased to have provided Commercial Due Diligence to Ares Management on the £1.2 billion refinancing of OneAdvanced, the UK-based enterprise software provider.

Headquartered in Birmingham, OneAdvanced is a leading provider of vertical-specific SaaS solutions across finance, procurement, people management and governance. The business serves over 10,000 customers in healthcare, education, government, housing and professional services, with more than 1,800 employees globally. Since 2023, the company has undergone a significant transformation under CEO Simon Walsh, delivering double-digit ARR growth and embedding AI-led innovation across its product suite.

The refinancing, led by Ares alongside Carlyle and Goldman Sachs Alternatives, supports OneAdvanced’s growth strategy and continued investment in AI-driven solutions, while providing flexibility to pursue further innovation and customer value creation.

GCS’s work on the transaction focused on a voice-of-customer programme assessing OneAdvanced’s positioning with enterprise clients, evaluating customer satisfaction, adoption of new solutions and long-term partnership potential.

The GCS team on the transaction was led by Phil Craig and James Balgarnie.