M&A Deal Summary

Cortland Capital Market Services Acquires Gleacher Products

On July 24, 2013, Cortland Capital Market Services acquired financial services company Gleacher Products from Gleacher & Company

Acquisition Highlights
  • This is Cortland Capital Market Services’ 1st transaction in the Financial Services sector.
  • This is Cortland Capital Market Services’ 1st transaction in the United States.
  • This is Cortland Capital Market Services’ 1st transaction in New York.

M&A Deal Summary

Date 2013-07-24
Target Gleacher Products
Sector Financial Services
Buyer(s) Cortland Capital Market Services
Sellers(s) Gleacher & Company
Deal Type Divestiture

Target

Gleacher Products

New York, United States
Gleacher Products Corp. is a full-service loan agency platform.

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Buyer(S) 1

Buyer

Cortland Capital Market Services

Chicago, Illinois, United States

Category Company
Founded 2008
Sector Financial Services
DESCRIPTION

Cortland Capital Market Services LLC is an independent investment servicing company providing fund administration, commercial bank loan servicing, securitization services, and middle-office support to financial institutions including proprietary trading and alternative investment managers, banks, and commercial lenders.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1

Seller(S) 1

SELLER

Gleacher & Company

Albany, New York, United States

Category Company
Founded 1952
Sector Financial Services
Revenue 1M USD (2013)
DESCRIPTION

Gleacher & Company, Inc. is a provider of financial services.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2013 M&A 1 of 1