Consumer debt acquisition and collection company Jefferson Capital (JCAP.US) IPO price $15-17 per share

The Zhitong Finance App learned that the issue price of consumer debt acquisition and collection company Jefferson Capital in its initial public offering (IPO) is expected to be between $15-17 per share. If pricing reaches the upper limit of the range, the company's overall valuation will reach approximately US$1.1 billion. The company currently has a total of 64.8 million shares in circulation. The company plans to list on NASDAQ under the ticker symbol “JCAP.”

According to reports, in this IPO, Jefferson Capital will issue 625,000 shares, while existing shareholders will sell 9.375 million shares. According to documents submitted by the company to the US Securities and Exchange Commission (SEC), the majority shareholder J.C. Flowers will sell 7.76 million shares, and Canaccede related entities will sell 1.61 million shares. CEO David Burton will sell 424,296 shares if the over-allotment rights are fully exercised.

Additionally, if the pricing is at the upper end of the range, Jefferson Capital will receive a net income of approximately $10.6 million; if priced at the median of the range, the company is expected to earn a net profit of $3.7 million. The company plans to use approximately $3.7 million to repay any outstanding loans under its revolving credit line, and the remaining funds will be used for general corporate purposes.

According to data, Jefferson Capital is a leading data analytics-driven company focused on the acquisition and management of written off and bankrupt consumer accounts. Its business mainly covers the US, Canada, the United Kingdom and Latin America. In addition to its main office location, the company also has a cooperative outsourcing business center in Mumbai, India. The company buys bad consumer loans and accounts receivable at discounted prices, covers a wide range of asset types, and works with account holders to manage them as they repay their debts and achieve financial recovery.

According to the data, the company's revenue for the 12 months ended March 31, 2025 was 488 million US dollars. In the first quarter of 2025, the company's total revenue was US$154.9 million, compared to US$99.9 million in the same period last year; adjusted net profit jumped from US$34.2 million in the same period last year to US$62.9 million. Adjusted net profit for the full year of 2024 increased by 41% to reach US$153.6 million.