Jefferson Capital raises US$173 Million in IPO valuing the company at US$1.1 billion
Counsel to Canadian selling shareholders in connection with the Nasdaq IPO of private equity-backed Jefferson Capital, Inc. raising US$150 million
Lead by
Florind Polo
Team Members
On June 25, 2025, private equity-backed Jefferson Capital, Inc. (“Jefferson Capital”) raised US$173 million in an initial public offering (IPO) valuing Jefferson Capital at approximately US$1.1 billion. The offering consisted of 11,500,000 million shares of common stock offered at a price of US$15 per share which included the full exercise of the underwriters’ option to purchase 1,500,000 additional shares. Jefferson Capital’s shares commenced trading on the Nasdaq on June 26, 2025, under the ticker symbol “JCAP”. Jefferies and Keefe and Bruyette & Woods, a Stifel Company, acted as lead underwriters and bookrunners for the IPO.
Founded in 2002, Jefferson Capital is an analytically driven purchaser and manager of charged-off and insolvency consumer accounts with operations in the United States, Canada, the United Kingdom and Latin America.
Miller Thomson acted as counsel to the Canadian selling shareholders in connection with this significant IPO with a deal team led by Florind Polo (M&A and Capital Markets) and including Carolyn Inglis and Ian Polisuk (Corporate and Capital Markets) and Phoebe Corless (Summer Law Student).