Pepper Advantage, a premier credit management firm operating across Europe and Asia, today announced the completion of its acquisition by J.C. Flowers & Co., a private investment firm specializing in the financial services industry. The financial terms of the deal were not disclosed.
The acquisition marks a significant milestone for Pepper Advantage, which will maintain its independence and continue to be led by its existing management team.
“We are thrilled to officially join J.C. Flowers & Co. at the start of this new chapter,” said Fraser Gemmell, Group CEO of Pepper Advantage. “Their expertise and extensive resources will play a crucial role in driving our continued growth strategy, helping us to expand our capabilities and deliver enhanced offerings to our clients.”
Peter Yordán, Managing Director of J.C. Flowers & Co., echoed Gemmell’s sentiments: “We are excited to partner with the exceptional Pepper Advantage leadership team as we look to build upon the company’s success to date. By leveraging our deep experience in financial services across the globe, J.C. Flowers will seek to help the company deepen its offerings and further expand its addressable market in its next phase of growth.”
J.C. Flowers & Co. is a leading private investment firm focused on investing globally in the financial services industry. Founded in 1998, the firm has invested more than $18 billion in 67 portfolio companies across 18 countries, covering various industry subsectors such as banking, insurance and reinsurance, securities firms, specialty finance, and asset management. With approximately $5 billion in assets under management, J.C. Flowers & Co. has offices in New York, London, and Palm Beach.
Pepper Advantage is a global credit intelligence company offering a range of data-driven credit management services through a technology platform spanning Asia, Europe, and the United Kingdom. With $55 billion in assets under management, the company operates in multiple asset classes, including residential and commercial mortgages, real estate, SME loans, asset financing and leasing, auto and consumer loans, credit cards, retail finance, and BNPL. Pepper Advantage also provides outsourced operational support services to financial and non-financial clients, aiding investors, financial institutions, fintechs, and banks in managing their credit portfolios and supporting new non-bank lending, with a particular focus on underserved clients.