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Republic Finance joins J.C. Flowers-Nowlake portfolio as CVC exits

Deal expected to close this year pending approvals

Auto Finance News, AI-assisted

Consumer loan provider Republic Finance agreed to be acquired by an investor group led by private investment firm J.C. Flowers & Co. alongside financial technology company Nowlake Technology.  Funds advised by CVC Capital Partners, Republic’s majority owner, will exit the business. The Phillips family, which held a significant shareholding under that ownership, will keep an equity interest in Republic, according to a […]

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