Deal Details

GLAS Is Acquired by Oakley and La Caisse

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Summary

About

GLAS was established in 2011 as an independent provider of institutional debt administration services. The Company was originally created to provide the market a willing participant in complex loan restructuring transactions where many large institutions are reluctant to take swift and cooperative action. It offers a wide range of administration services developed specifically for the debt market. GLAS is recognised as the premier independent, non-creditor, conflict-free provider of loan agency and bond trustee services, with excess of $700 billion of assets under administration on a daily basis. GLAS is headquartered in London, United Kingdom.

LLCP is a middle-market private equity firm with a 41-year track record of investing across various targeted sectors, including Business Services, Franchising & Multi-unit, Education & Training and Engineered Products & Manufacturing. LLCP utilizes a differentiated Structured Private Equity investment strategy, combining debt and equity capital investments in portfolio companies. LLCP believes that by investing in a combination of debt and equity securities, it offers management teams growth capital in a highly tailored, flexible investment structure that can be a more attractive alternative than traditional private equity. LLCP is headquartered in Beverly Hills, California.

Oakley is a UK-headquartered, pan-European entrepreneurial investor, and has backed over 40 middle-market businesses across its core sectors of Technology, Consumer, Education and Business Services. Oakley focuses on driving positive change within portfolio companies and seeks to create long-term value through entrepreneurial partnerships. Founded in 2002, Oakley has raised six major funds, the latest Fund VI amounting to €4.5 billion in 2025. Oakley is headquartered in London, United Kingdom.

La Caisse, formerly CDPQ, has invested for 60 years with a dual mandate: generate optimal long-term returns for the 48 depositors, who represent over 6 million Quebecers, and contribute to Québec’s economic development. As a global investment group, La Caisse is active in the major financial markets, private equity, infrastructure, real estate and private credit. As at December 31, 2024, La Caisse’s net assets totaled CAD $473 billion. La Caisse is headquartered in Montreal, Canada.

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