#USA #Levine Leichtman #London #Global Loan Agency Services #Oakley Capital

Levine Leichtman Capital Partners Completes Sale of Global Loan Agency Services

On January 5, 2026, Levine Leichtman Capital Partners LLC (LLCP) announced its agreement to sell Global Loan Agency Services (GLAS) to Oakley Capital, a prominent European private investment firm. While the financial specifics of the transaction were kept confidential, its completion hinges on obtaining pertinent regulatory approvals.

About Global Loan Agency Services (GLAS)

Headquartered in London, GLAS is a leading independent provider of loan agency and trustee services within the global debt markets. The company specializes in offering critical solutions to both lenders and borrowers, asserting its prowess across various financial activities, including syndicated loans and capital markets transactions. GLAS has earned its reputation as a trustworthy partner for complex financing structures worldwide.

Under LLCP's ownership, GLAS experienced remarkable growth, with its Assets under Administration skyrocketing from approximately $120 billion in 2021 to over $750 billion in 2026. This surge can be attributed to GLAS's strategic maneuvers, including geographic expansions, introduction of new service offerings, technological enhancements for operational efficiency, and well-timed acquisitions.

Josh Kaufman, Partner and Head of LLCP Europe, expressed pride in GLAS's achievements, stating, "GLAS has been a flagship outcome for the LLCP European franchise with its strong performance. We are extremely grateful and proud to have supported Mia Drennan and her management team in building a market-leading independent loan agency provider. We are excited to see their continued growth and future success with their new partner."

The Role of Oakley Capital

Mia Drennan, the Founder and CEO of GLAS, also shared her thoughts on the transition to Oakley Capital. "Our entire team is grateful for LLCP's close support and partnership, which has been pivotal in helping us through this phase of unprecedented growth. As we welcome Oakley Capital as our new partner, we're excited to accelerate our global market leadership and take the business to the next level."

The sale represents LLCP Europe II SCSp's second exit in a competitive investment landscape, reinforcing their commitment to strategic growth and value creation in the financial sector.

LLCP's Investment Strategy

Levine Leichtman Capital Partners itself is renowned for its middle-market private equity strategy, having built a strong reputation over the past 41 years. The firm focuses on targeted sectors, including business services, education and training, as well as engineered products and manufacturing. Utilizing a unique Structured Private Equity investment strategy, LLCP combines both debt and equity investments, providing management teams with flexible growth capital tailored to meet specific company needs.

To date, LLCP has successfully managed approximately $18.1 billion across nearly 20 investment funds, with investments in roughly 120 portfolio companies worldwide. The firm now manages assets totaling $12.6 billion, with offices strategically located in major cities such as Los Angeles, New York, London, and Frankfurt.

In summary, the sale of Global Loan Agency Services marks a significant milestone for both GLAS and LLCP, signifying not only a successful exit but also the dawning of a new chapter aimed at expanding GLAS's market presence and operational capacity under its new ownership.