J.C. Flowers to acquire a majority stake in Infinite Investment Systems.

J.C. Flowers, a private investment firm, agreed to acquire a majority stake in Infinite Investment Systems, a portfolio management solutions provider to the Canadian wealth management industry. Financial terms were not disclosed. "We are very committed to our clients and to this industry, and we have a grand vision for Infinite's future. This partnership with J.C. Flowers represents more than just financing. It represents a partnership with great people of extremely high standards. Louis is an iconic figure, and his guidance will be invaluable. Eric is an amazing business leader who can really help us elevate Infinite. It will be an honor to have them on our board. I'm ever more confident that the partnership with J.C. Flowers will provide us with the perfect backing to achieve great goals and serve our industry," Ali Zahedi, Infinite CEO.