GCG Deal Announcement | Cascade Partners LLC advised GLT International

GLT, a leading solutions-based provider specialising in automotive and industrial adhesive applications, including tapes, industrial films, foam products, NVH solutions, wire harness coverings, and more, had been evaluating the company’s future direction and exploring strategic growth options. Leadership was eager to expand and build on past success, but the complexity, capital requirements, and operational challenges of scaling created the opportune time to explore a partnership with an experienced partner that could assist in achieving those objectives in an expedited timeframe. To navigate these considerations, GLT engaged Cascade Partners to assess potential strategic options and provide education on the implications and long-term impact of each option. Cascade then launched a broad, highly competitive process that generated robust interest despite the uncertainty caused by the new “Liberation Day” tariff implementation.

The transaction culminated in a successful recapitalisation with Green Light Growth Partners, providing GLT with the resources, relationships, and expertise to fuel its next phase of growth. GLT’s leadership expressed strong satisfaction with the result, emphasizing that the transaction preserved valuation and secured an ideal partner at a time when many automotive-related deals were being delayed or restructured.

Cascade Partners served as the exclusive financial advisor to Great Lakes Tape. The transaction was led by Arjun Murthy, Managing Director. Read the press release.