J.C. Flowers to Sell Island Finance to VRM Penzini Capital

J.C. Flowers Acquires iLendingDIRECT

May 3, 2021

Financial Services

J.C. Flowers & Co. LLC has completed its acquisition of iLendingDIRECT, a national auto refinance marketing company based in Englewood, Colorado. The private investment firm will install new board members and work with iLending management to scale the company's refinancing platform and growth opportunities; terms were not disclosed.

J.C. Flowers Acquires wefox Italia

June 16, 2025

Financial Services

J.C. Flowers & Co., a private investment firm focused on financial services, has completed the acquisition of wefox Italia, an Italian insurtech and managing general agent. The company will continue to operate independently under its existing leadership, with a focus on technological innovation and growth in the Italian insurance market; terms were not disclosed.

J.C. Flowers Acquires Elephant Insurance from Admiral Group

December 31, 2025

Insurance

J.C. Flowers & Co., a private investment firm focused on financial services, has acquired Admiral Group’s U.S. motor insurance business—Elephant Insurance Company and Elephant Insurance Services—effective 31 December 2025. Admiral sold the business to focus on opportunities in the UK and continental Europe while J.C. Flowers plans to support Elephant’s growth in the U.S. personal auto market.

4Front Ventures Acquires Island Cannabis Co.

March 30, 2022

Consumer Products

4Front Ventures Corp. announced a definitive agreement to acquire all issued and outstanding shares of Island Cannabis Co., a California-based producer of pre-rolls, flower and concentrates. The acquisition is intended to accelerate 4Front's California expansion by integrating Island's brands and team into 4Front's large Commerce manufacturing facility to drive scale, reduce production costs and expand retail distribution.

J.C. Flowers Makes $125M Equity Investment in Capital Funding Bancorp (CFG Bank)

December 20, 2023

Financial Services

J.C. Flowers & Co. has completed a $125 million all-primary equity investment (expandable to $165 million) for a minority stake in Capital Funding Bancorp, Inc., the holding company for Baltimore-based CFG Bank. The growth-capital investment will support CFG Bank’s expansion of its national healthcare and multifamily lending businesses and bolster the bank’s ongoing growth trajectory.

J.C. Flowers Acquires Pepper Advantage from Pepper Global

November 5, 2024

Financial Services

Pepper Advantage, a global credit management firm, has agreed to be sold by its owner Pepper Global to J.C. Flowers & Co., subject to regulatory approvals and customary closing conditions. The transaction is expected to complete in the first quarter of 2025, with Pepper Advantage continuing to operate as an independent entity under its existing management team.