Simpson Thacher is representing Oakley Capital in connection with its acquisition of a majority stake in GLAS, a leading provider of loan administration and bond trustee services across global debt markets covering private credit, leveraged finance, capital markets and bankruptcy. Operating with over 450 employees across 16 offices in Europe, America, APAC and Middle East, GLAS services a portfolio of over $750 billion across its global platform.
Oakley is investing alongside La Caisse (formerly CDPQ), who has acquired a minority position, as well as Levine Leichtman Capital Partners, who will retain a small stake in the business.
The Simpson Thacher team includes James R. Howe, Chris Vallance, James Evelegh, Gemma Cullen, Edward Wilson, Spandan Das and Ella Hammond (M&A); Stephanie Biggs, Adam Robins, Seji Choi and Maryam Zaher (Regulatory); Abram J. Ellis, Daniel S. Levien, Brian Japari and Christine Tillema (U.S. Regulatory), Dan J. Peach (Credit); Yash Rupal and Oliver Rosshandler (Tax); Étienne Renaudeau, Sarah Chaudhuri and Julia Kingwill (Antitrust); and Caitlin Lucey and Andrew Blau (ECEB).