J.C. Flowers & Co. Acquires Pepper Advantage Limited
Deal News | Apr 10, 2025 | CEE Legal Matters
J.C. Flowers & Co., a prominent private investment firm, has completed its acquisition of Pepper Advantage Limited, a credit management firm with global operations across Europe and Asia. The acquisition showcases J.C. Flowers' continued strategic expansion within the credit management sector. Bernitsas law firm provided legal counsel to J.C. Flowers & Co., led by Partners Maria Nefeli Bernitsa and Lambros Belessis. Pepper Advantage, which had backing from investment heavyweight KKR, was advised by Koutalidis, with key contributions from Partners Yiannis Loizos and Dora Karagiorgou.
Sectors
- Private Equity
- Credit Management
Geography
- Europe – Pepper Advantage Limited has operations in Europe, making it a key geography in the context of the acquisition.
- Asia – With operations in Asia, Pepper Advantage Limited extends the relevance of this geography to the acquisition discussed.
Industry
- Private Equity – J.C. Flowers & Co. is a private investment firm involved in this acquisition, highlighting the role of private equity in M&A activities.
- Credit Management – Pepper Advantage Limited operates within the credit management sector, which is central to the article and the acquisition.
Financials
- USD 18 billion – The total amount invested by J.C. Flowers & Co. across 67 portfolio companies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| J.C. Flowers & Co. | Buyer | Company | A private investment firm that has completed the acquisition of Pepper Advantage Limited. |
| Pepper Advantage Limited | Target Company | Company | A credit management firm with operations across Europe and Asia, acquired by J.C. Flowers & Co. |
| Bernitsas | Legal Advisor | Company | Advised J.C. Flowers & Co. on the acquisition with a team including Partners Maria Nefeli Bernitsa and Lambros Belessis. |
| Koutalidis | Legal Advisor | Company | Advised Pepper Global on the sell-side of the transaction. |
| KKR | Investment Firm | Company | An investment firm that backed Pepper Advantage Limited. |