Jefferson Capital has been sold by its private equity owner to another investment firm.
The company was purchased by J.C. Flowers & Co. from Flexpoint Ford. Terms of the deal were not announced. Flexpoint Ford had owned Jefferson for nearly six years. Flexpoint Ford purchased the company from CompuCredit Holdings.
Jefferson Capital is debt buyer and collector based in St. Cloud, Minn.
“The acquisition by J.C. Flowers will allow us to maintain a high level of service to our clients, expand our value-added service offerings and continue to invest in industry leading compliance practices,” said David Burton, President and CEO of Jefferson Capital, in a statement. “We are excited to partner with J.C. Flowers, whose financial services expertise will be an asset as we expand upon our more than 15 years of consecutive growth. Our entire management team will remain in place and continue to lead the organization.”
