Flexiti Financial sells its business for C$155m to CURO Group
Canada | March 24, 2021
Client: Flexiti Financial
Our Toronto office advised Flexiti Financial on the sale of its business through two simultaneous plans of arrangement to CURO Group Holdings Corp., an NYSE listed consumer finance company, for aggregate consideration of C$155m (including conditional earn-outs). In connection with the transaction, Flexiti also closed a C$500m credit facility with Credit Suisse and other parties.
Flexiti Financial is one of Canada’s fastest growing buy-now-pay-later financing providers, available in nearly 6,000 retail locations and websites.
Flexiti Financial is one of Canada’s fastest growing buy-now-pay-later financing providers, available in nearly 6,000 retail locations and websites.