PRESS RELEASE
7 March 2025

Walkers Advises GLP On The Successful Sale Of GCP International To Ares Management Corporation

W
Walkers

Contributor

Walkers is a leading international law firm which advises on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. From our 10 offices, we provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers.
Walkers acted as Cayman Islands counsel to GLP and GLP Capital Partners Limited on the completion of the sale of GCP International to Ares Management Corporation...
Cayman Islands

Walkers acted as Cayman Islands counsel to GLP and GLP Capital Partners Limited on the completion of the sale of GCP International to Ares Management Corporation (NYSE: ARES) in a deal valued at US$3.7 billion.

The transaction was previously announced on 8 October 2024, and comprises a combination of cash and Ares Class A Common Shares, as well as an additional earn-out provision of up to US$1.5 billion contingent on the achievement of certain performance targets. It highlights our ability and expertise to execute complex cross-border and high value transactions of this scale.

The Walkers team includes corporate and investment funds partner James Twigg, counsel Michael Kenny and associate Sophia Yuan. Walkers acted alongside lead counsel, Kirkland & Ellis.

Contributor

Walkers is a leading international law firm which advises on the laws of Bermuda, the British Virgin Islands, the Cayman Islands, Guernsey, Ireland and Jersey. From our 10 offices, we provide legal, corporate and fiduciary services to global corporations, financial institutions, capital markets participants and investment fund managers.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More