J.C. Flowers & Co. LLC has acquired Jefferson Capital International from Flexpoint Ford LLC.
Terms of the transaction were not disclosed.
In conjunction with the acquisition, Jefferson Capital will amend its $250 million syndicated credit facility, led by CIBC.
Jefferson Capital International is a purchaser and servicer of charged-off and bankruptcy consumer debt in the U.S.
Weil Gotshal & Manges LLP acted as legal counsel to J.C. Flowers in connection with the transaction. Keefe Bruyette & Woods and SunTrust Robinson Humphrey acted as financial advisers, and Kirkland & Ellis LLP acted as legal counsel to Jefferson Capital.