GLAS finalizes acquisition of Watiga, a Singapore-based service provider to expand its presence in Asia-Pacific region
Acquiring Company
Global Loan Agency Service
Acquired Company
Watiga
London
SingaporeFinancial ServicesFinanceFinancial ServicesFinanceDescription
The Global Loan Agency Services Group (GLAS) has confirmed the completion of the acquisition of Watiga Trust and Watiga Asia. This acquisition allows GLAS to offer its loan agency and trustee services locally in Asia from a base in Singapore, as well as providing enhanced international service offerings to Watiga's clients. The acquisition also reinforces GLAS's commitment to expanding its presence in the Asia-Pacific region.
Quick answer
Global Loan Agency Service is acquiring Watiga, announced December 16, 2024. Global Loan Agency Service is based in London, England, United Kingdom.
- How much did Global Loan Agency Service pay for Watiga?
- The deal value was not disclosed.
- What does Global Loan Agency Service do?
- GLAS is a debt administration services firm founded in 2011.
- Where are Global Loan Agency Service and Watiga based?
- Global Loan Agency Service is based in London, England, United Kingdom. Watiga is based in Singapore, Southeast Asia, Singapore.
- Who are the decision-makers at Global Loan Agency Service?
- Fundz holds 1 contact at Global Loan Agency Service. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Global Loan Agency Service, and when
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Frequently asked
Who acquired Watiga?
Watiga was acquired by Global Loan Agency Service, based in London. The deal was reported on December 16, 2024. GLAS is a debt administration services firm founded in 2011. It specializes in providing services for private credit, leveraged finance, capital markets, and bankruptcy. The company manages over $700 billion in assets. Global Loan Agency Service is privately held and operates in Financial Services.
When did Global Loan Agency Service acquire Watiga?
Global Loan Agency Service's acquisition of Watiga was reported on December 16, 2024. The Global Loan Agency Services Group (GLAS) has confirmed the completion of the acquisition of Watiga Trust and Watiga Asia. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Watiga do?
It is privately held, operating in Financial Services, and is based in Singapore.
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