JC Flowers-backed Interactive investor completed the acquisition of The Share Centre for $69m.

JC Flowers-backed Interactive Investor Services, a provider of online investment services, completed the acquisition of Share, a provider of stockbroker services, for $69m. “We are delighted that customers of The Share Centre will benefit from the combined strengths of both businesses, further enhancing the high-quality customer service The Share Centre has prided itself on for many years. We share a common culture of supporting savers and investors in reaching their financial goals through individual share ownership and personal investment across the United Kingdom, and I look forward to encouraging a more egalitarian and participative form of democratic capitalism as a board member of the combined business,” Gavin Oldham, Share Chairman.