Jefferson Capital raises $150 million in US IPO, aiming to benefit from favorable market trend

From Yahoo Finance: 2025-06-25 22:09:00

Private equity-backed Jefferson Capital raised $150 million in a Nasdaq IPO by selling 10 million shares at $15 each, aiming to benefit from a favorable market trend for new offerings. Founded in 2002, the company manages charged-off and bankruptcy receivables in the U.S., Canada, Latin America, and the UK, competing with PRA Group and Encore Capital Group. J.C. Flowers will own approximately 68.9% of Jefferson post-IPO, with trading starting under the symbol “JCAP” on Nasdaq. Strong debuts in the U.S. IPO market support Jefferson’s launch, following a tariff-driven slowdown earlier in the year.



Read more at Yahoo Finance: Jefferson Capital, existing shareholders raise $150 million in US IPO