Sidley represented J.C. Flowers & Co., a private investment firm dedicated to investing in the financial services industry, in its acquisition of Pepper Advantage Limited, a leading credit management firm with operations in Europe and Asia. The seller, Pepper Global, is backed by leading global investment firm KKR.
Pepper Advantage Limited will continue to operate as an independent entity with its existing management team, as the acquisition marks the next phase in its expansion.
J.C. Flowers & Co. has invested more than US$18 billion of capital, including co-investment, in 67 portfolio companies in 18 countries across a range of industry subsectors including banking, insurance and reinsurance, securities firms, and more.
The Sidley team was led by Adam Runcorn and Andrew Cebula (M&A/Private Equity), James Crooks (Global Finance), and Jason Menzies (Tax). They were supported by Sean Sawyer (M&A/Private Equity); Chloe Smith, Henry Sasse, Jacques Stivala, and trainee solicitor Ryan Yeap (Global Finance); Ryan Power (Tax); Kyle Barnett (Technology and Life Sciences Transactions); Max Savoie, Rachpal Thind, and Chloe Francis (Banking and Financial Services); and Francesca Blythe (Privacy and Cybersecurity).
