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LLCP’s Global Loan Agency Services makes Pristine acquisition

Global Loan Agency Services (GLAS), a provider of loan administration, agency, and trustee services globally and a portfolio company of private equity firm Levine Leichtman Capital Partners (LLCP), is to acquire Pristine SAS, a Paris-headquartered asset and trust management firm. 

Pristine provides a range of services supporting restructuring and asset management teams within both global and domestic financial institutions and asset managers.

The transaction, the first acquisition by GLAS following LLCP’s investment, is subject to regulatory approval and customary closing conditions.

LLCP was advised by Willkie Farr & Gallagher LLP and Simmons & Simmons LLP.

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