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Värde Partners and J.C. Flowers Agree to Sell Fairstone Financial Holdings Inc. to Duo Bank of Canada

Feb 19, 2020 - PR Newswire
Mergers and Acquisitions

PR Newswire

 An investor group led by J.C. Flowers & Co. LLC, a leading private investment firm specializing in the financial services industry, and Värde Partners, Inc., a leading global alternative investment firm, today announced that they have reached a definitive agreement to sell Fairstone Financial Holdings Inc. ("Fairstone" or "the Company") to Duo Bank of Canada, a Toronto-based financial services provider supported by Stephen Smith, Centerbridge Partners L.P. and Ontario Teache...