Tulsa, Okla., Dec. 19, 2018 — Frank Keating, two-term governor of Oklahoma, has joined the board of directors of Global Holdings LLC, the leading dedicated account and payment-processing provider to the debt relief industry, the company announced today. Global is a portfolio company of New State Capital Partners.
Currently a partner with the Financial Services team at Holland & Knight, Governor Keating is also a former president and CEO of the American Bankers Association and the American Council of Life Insurers. During the Reagan Administration, he served as Assistant Secretary of the U.S. Treasury Department and Associate Attorney General of the United States. Under President George H.W. Bush, he served as General Counsel and Acting Deputy Secretary of the Department of Housing and Urban Development. Prior to his governmental appointments, Governor Keating was an FBI agent as well as a United States Attorney in Oklahoma.
“Governor Keating is highly respected in the area of compliance,” said Tim Merrick, Global’s CEO. “He offers unparalleled expertise on regulatory issues relating to all aspects of the financial services industry, and we are honored to welcome him to our board of directors.”
Governor Keating was just beginning his first term when the Alfred P. Murrah Federal building in Oklahoma City was bombed in 1995. His compassionate and professional handling of the tragic situation won him national recognition. His other accomplishments in office include winning a public vote on right-to-work, tort reform, tax cuts, and major road building and education reform. He is a past president of the Republican Governors Association.
“Global takes regulatory matters very seriously, and I look forward to advising them and New State Capital as they continue to develop and deliver quality financial services and products,” said Governor Keating.
About Global Holdings
Global was founded in 2003 by a team of payment-processing industry veterans and is now the leading payment processor for the consumer debt-relief market. Leveraging a robust technology platform and artificial intelligence, Global is setting the industry standard for today and tomorrow. For more information visit www.ghllc.com or follow us on LinkedIn.
About New State Capital Partners LLC
New State Capital Partners LLC is an entrepreneurial-minded private equity firm that strives to be more nimble, more decisive and more cooperative than larger, institutional firms. New State prides itself on a long-term outlook, approaching each potential investment as an opportunity to create lasting and valuable relationships, rather than as an exercise in meeting rigid investing criteria. The firm focuses on growth and add-on investment and has invested in 22 companies to date. For more information visit www.newstatecp.com.