Announced
Completed
Synopsis
J.C. Flowers, a private investment firm dedicated to investing globally in the financial services industry, completed the investment in iLendingDIRECT, an auto refinance marketing company. Financial terms were not disclosed. "J.C. Flowers invests in niche financial services companies with strong potential. We were attracted to iLending by its strong growth, solid operational foundation, and its commitment and agility in meeting the needs of both consumers and lending partners under Nancy and Tom's leadership. We expect demand for auto refinancing to remain strong as savvy consumers continue to look for ways to save money. We are excited to work with Nancy, Tom and the iLending team to grow the business to take advantage of the expected strong demand," Tom Harding, J.C. Flowers Managing Director.
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