JC Flowers-backed Jefferson Capital targets $1.1 billion valuation in US IPO
The Minneapolis, Minnesota-based company and some of its existing shareholders are seeking to raise up to $170 million by offering 10 million shares priced between $15 and $17 each.
Investment firm J.C. Flowers had acquired Jefferson Capital from buyout firm Flexpoint Ford in 2018.
Jefferson Capital will list on the Nasdaq under the symbol "JCAP".
Jefferies and Keefe, Bruyette & Woods are the lead underwriters for the offering.
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