J.C. Flowers Closes Acquisition of iLendingDirect
J.C. Flowers & Co. LLC, a private investment firm dedicated to investing globally in the financial services industry, has closed on its acquisition of
iLendingDirect, an auto refinance marketing company.
In conjunction with the closing, financial industry executives
Steve Abernethy and
John Oros and
Nancy Fitzgerald, former CEO of iLending.
Abernethy is the former CEO, executive chairman and co-founder of
SquareTrade, now an Allstate company, a consumer protection plan offered by top retailers in the U.S. and UK. Dunn is the CEO of
Quicken Inc., a personal finance software provider in the U.S.