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

J.C. Flowers Makes Strategic Investment in TRICOR Insurance

November 8, 2021

Insurance

J.C. Flowers & Co. has made a strategic growth investment in TRICOR Insurance, a Top 100 independent insurance agency based in Lancaster, Wisconsin. The capital will be used to accelerate TRICOR's organic growth and support strategic acquisitions while founder Dave Fritz and the management team retain significant ownership and continue to lead the business.

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.

CVC Capital Partners Acquires Significant Interest in CFGI

September 15, 2021

Accounting & Tax

Funds advised by CVC Capital Partners have agreed to acquire a significant interest in CFGI, valuing the leading non-audit accounting advisory firm at approximately $1.85 billion. Existing investor Carlyle and CFGI management and partners are reinvesting alongside CVC; CFGI will remain a privately held firm under its current leadership and the deal is expected to close in Q4 2021.

Main Street Capital Provides $20.6M Minority Recapitalization of Grand Flower Growers

April 7, 2021

Agriculture

Main Street Capital Corporation provided $20.6 million in a combination of senior secured term debt and a minority direct equity investment to facilitate a minority recapitalization of Grand Flower Growers, LLC. The investment, made alongside an unnamed co-investor and in partnership with the company's existing owners and senior management, will provide growth capital to support operations and expansion of the greenhouse grower and distributor based in Wayland, Michigan.

J.C. Flowers & Co. Acquires Insurance Broker Caleas Srl

July 31, 2025

Financial Services

Investment vehicles affiliated with J.C. Flowers & Co. have acquired Milan-based insurance brokerage Caleas Srl. The founders/management will retain a minority stake; the deal is part of J.C. Flowers' roll-up strategy in the Italian insurance market to expand its SME and corporate insurance capabilities.

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.