Jefferson Capital Acquires Canaccede Financial Group
March 10, 2020
Jefferson Capital Systems has acquired Canaccede Financial Group, the largest buyer of charged-off consumer receivables and insolvencies in Canada, to expand its consumer receivables purchasing and servicing footprint into Canada. Scott Coffin was named CEO of Canaccede, co-founder Andy Szemenyei will join Jefferson Capital's board, and Jefferson Capital's founder David M. Burton will join Canaccede's board.
- Buyers
- Jefferson Capital Systems, LLC
- Targets
- Canaccede Financial Group
- Industry
- Financial Services
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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