Sixth Street to acquire Global Lending Services.

Sixth Street, a global investment firm, agreed to acquire Global Lending Services, a specialist in automotive financing. Financial terms were not disclosed. “In a highly fragmented auto financing market, GLS stands out for its robust operational capabilities, disciplined risk management, strong capital base, and demonstrated track record of serving its customers. We are thrilled to partner with Steve and the highly experienced management team to continue to build on the company’s already strong momentum in the market,” Michael Dryden, Sixth Street Partner and Head of Asset Based Finance.