Silver Lake to acquire Grupo BC from L-GAM.

Silver Lake, a global technology investment firm, agreed to acquire Grupo BC, the provider of outsourcing services specialized in mortgage management procedures and registry verification for financial institutions, real estate servicers and investment funds, from L-GAM, a long-term investment firm. Financial terms were not disclosed. “Grupo BC is an outstanding company with a unique value proposition as a scaled and tech-enabled provider of mission-critical services and software to financial institutions across Iberia and Latin America. We are impressed by the way Santiago, Xavier and the rest of the team have developed and continuously digitalized the Grupo BC platform over the years, building it into the partner of choice for clients across its ecosystem. Investing in impactful, leading and technology-enabled business models is at the core of Silver Lake’s DNA, and we feel privileged to partner with management as Grupo BC enters a new phase of organic and inorganic growth,” Christian Lucas, Silver Lake Co-Head.