Global Loan Agency Services has received a strategic investment from Levine Leichtman Capital Partners

Global Loan Agency Services

Global Loan Agency Services (GLAS) is the world’s leading independent provider of institutional debt administration services with a portfolio of more than $130 billion credits spanning private credit, debt capital markets, restructuring and institutional bank lending. Headquartered in London, GLAS has more than 180 employees with offices in France, Germany, Australia and the United States.

The Deal

After almost a decade of more than 30% top-line growth and following a series of unsolicited approaches, Lincoln was appointed by Co-founders Mia Drennan and Brian Carne to identify potential investors who could help further GLAS’ international development, particularly in the U.S., and support the acceleration of technology investment to scale the business. In a narrow and highly competitive auction process, Levine Leichtman was identified as the ideal partner for the business, signing the deal in a rapid time frame and on attractive terms.

Our Perspective

Edward Lethbridge, Managing Director and head of Lincoln’s UK Business Services Group, commented, “It was a pleasure to help Mia, Brian and the GLAS Management team find an investment partner to match their global ambitions. GLAS has all the characteristics that investors look for — strong profitable growth, excellent earnings visibility, a large and growing addressable market and a talented and motivated management team. The business is well set for further growth as an increasing number of clients experience the higher service levels and independence that GLAS delivers.”

GLAS Agency Levine Leichtman Capital Partners 2022
  • 2022
    Close Year
  • Business Services
    Industry
  • Private
    Client Type
  • Financial | Cross-border
    Transaction Type
  • USA | United Kingdom
    Countries
This has been an amazing journey. The Lincoln team was very helpful throughout the process, and they were really there for us when we needed them. We are both thrilled and excited at the outcome.
Mia Drennan and Brian Carne
Co-founders of GLAS

Meet our Senior Team

Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.