Railsr, J.C. Flowers and TowerBrook Capital Partners to acquire Equals Group for £283m.

Railsr, a software company, J.C. Flowers, a private equity firm, and TowerBrook Capital Partners, an investment management firm, agreed to acquire Equals Group, a financial services company, for £283m. "The board believes that it has secured a future for the Equals Group in a private environment while delivering greater value to shareholders than was ascribed to the Equals Group as a standalone business executing an independent strategy," Alan Hughes, Equals Group Chairman.