J.C. Flowers to acquire Pepper Advantage from Pepper Global.

J.C. Flowers, a private investment firm, agreed to acquire Pepper Advantage, a credit management firm, from Pepper Global, a diversified financial services company. Financial terms were not disclosed. "We are delighted to join forces with J.C. Flowers & Co. as we embark on the next phase of our growth strategy. Their extensive experience and resources will provide us with the support we need following a period of prolonged success under the ownership of Pepper Global and will help us enhance our offering. This deal comes at a critical junction in credit markets as we continue to support our clients in an evolving market environment," Fraser Gemmell, Pepper Advantage Group CEO.