On June 25, 2025, private equity-backed Jefferson Capital, Inc. 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.

Legal counsel included Latham & Watkins LLP advising Jefferson Capital, and Miller Thomson LLP acting for the Canadian selling shareholders.