Lender CURO Inks Up To $121M Deal To Buy Financing Co.

Law360 (February 1, 2021, 4:43 PM EST) -- Lending platform CURO said Monday that it's snapping up e-commerce financing platform Flexiti Financial Inc. in an up to $121 million deal guided by Osler and Norton Rose.

CURO Group Holdings Corp., working with Osler Hoskin & Harcourt LLP, said in a statement that it's agreed to bag Flexiti Financial Inc. — advised by Norton Rose Fulbright Canada LLP — for $85 million in cash at the deal's closing and a potential $36 million in earn-out payments.

The deal announcement comes as financial technology platforms have seen a boom in deal activity amid the coronavirus pandemic.

CURO President and CEO Don...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!