Who Is Jefferson Capital?
Jefferson Capital operates in the consumer collections space, specializing in charged-off and bankruptcy-related accounts. With operations in the U.S., Canada, the U.K., and Latin America, the company has carved out a unique niche by purchasing nonperforming consumer loans and receivables at discounted rates.
The firm expanded its international reach in 2020 through its acquisition of Canada-based Canaccede Financial Group. It partners with credit issuers ranging from banks to telecom companies, offering them an exit route from delinquent portfolios while giving consumers an opportunity to resolve debts under more manageable terms.
A Profitable Path with Private Equity at the Helm
Jefferson Capital, which reported $433 million in 2024 revenue—a 34% jump from the previous year—remains majority-owned by J.C. Flowers, which will hold a 69% stake post-IPO. Despite market headwinds, the company’s profitability and aggressive growth have made it a standout in the often opaque world of distressed debt.
The company granted underwriters a 30-day option to purchase an additional 1.5 million shares at the IPO price, potentially increasing total proceeds to $184 million.
