Announced
Completed
Financials
Tags
financial administration
Private
Friendly
agency
financial services
Minority
Private Equity
Acquisition
Completed
United Kingdom
Single Bidder
Consumer Lending
Cross Border
Synopsis
Levine Leichtman Capital, a global private equity firm, completed the investment in GLAS, a provider of administration, agency and trustee services developed specifically for the credit markets, covering private credit, leveraged finance, capital markets and bankruptcy. Financial terms were not disclosed. "GLAS’s business has expanded significantly in the last decade as financial institutions increasingly utilize external providers of institutional debt administration services. The market clearly values GLAS’s commercial service, robust digital capabilities and ability to deliver high-quality outcomes. We look forward to supporting Mia, Brian and the leadership team during their next chapter of growth," Josh Kaufman, Levine Leichtman Managing Director.
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