An investor group led by private investment firm J.C. Flowers & Co., alongside Nowlake Technology, have agreed to acquire leading consumer loan provider Republic Finance.
Funds advised by CVC Capital Partners, Republic’s majority owner, will exit its investment, while the Phillips family, which retained a significant shareholding under CVC's ownership, will continue to hold an equity interest in the company.
The S&C team advising J.C. Flowers is led by Jared Fishman and Lauren Hobby and includes Mitch Eitel, Wen Zhang and Mary Noh. Kristen Klein, Julia Paranyuk and Caleigh Steele are advising on executive compensation matters. David Spitzer and Alexei Owen are advising on tax matters. Mehdi Ansari, William Bekker and Kelvin Kim are advising on intellectual property matters.