May 25th, 2005
Global Leisure Partners LLP Scales Up Services to the Global Leisure Industry
Global Leisure Partners LLP (“GLP”), a London-based advisory and principal investment business, has formed a unique Operating Investor Network comprising 25 of the most experienced individuals in the Gaming, Lodging and Leisure sectors. This industry-specific network of advisers differentiates GLP from other boutique merchant banks and positions it as one of the leading independent international advisers in its field.
GLP identifies leading providers of leisure-related goods and services, and then supplies them with differentiated capital and highest quality, unbiased strategic advice. Its exclusive Operating Investor Network comprises former and current CEOs and key business decision-makers across the global Gaming & Hospitality, Health & Fitness, Travel Services, Consumer Products and Retail, and Real Estate sectors.
The Operating Investor Network ensures that GLP is able to provide enhanced proprietary deal flow, focused due diligence support, incremental portfolio company management and board talent, in addition to co-investment capital.
Mark Harms, Co-founder and CEO, commented:
“Our unique Operating Executive Investor Network differentiates us from other boutique advisory firms, through the depth and breadth of industry perspective and experience that our Operating Executives provide. We are extremely pleased to have some of the industry’s leading professionals as our investors.”
David Giampaolo, CEO of London-based Pi Capital, a leading fitness industry executive, GLP investor and member of the Network commented:
“GLP’s model differentiates it from other advisory and merchant banking boutiques in that its interests and those of its investors are completely aligned with its clients’ interests. Each of the GLP executives has made a significant financial commitment to GLP and is therefore highly motivated to ensure the success of each of GLP’s advisory and merchant banking principal activities.”
GLP acts as adviser to a select group of corporate and private equity clients and as co-investor for select opportunities alongside its corporate and private equity clients. Clients include some of the leading global leisure sector corporations and private equity firms. For example, GLP recently advised Atronic and the Gauselmann family in the proposed sale of a controlling 50% stake in Atronic to GTECH Holdings Corporation.