JC Flowers' most notable investments include such
financial services companies as: • Chi-X Australia along with Chi-X Japan and Chi-Tech Hong Kong • Enstar Group •
Shinsei Bank •
NIBC Bank N.V. •
Hypo Real Estate Group (Germany) (formerly 24.9%) •
First Bank (Romania) (76.1%) •
HSH Nordbank (Germany) (26.6%) •
Fox-Pitt Kelton Cochran Caronia Waller • Equita Sim (Italy) (50.01%) • Eurovita (Italy) (78.19%) •
MF Global (US) (6.8%) • One Savings Bank (UK) - Specialist Mortgage Lender
Other notable activity JC Flowers has also been active in a number of high-profile contemplated transactions that did not occur. In mid-2007, an investor group led by JC Flowers signed an agreement to purchase
Sallie Mae for approximately $25 billion (USD), giving JC Flowers and
Friedman Fleischer & Lowe 50.2 percent of the company. This deal fell through, however. In late 2007, JC Flowers was one of the many companies bidding for the troubled British Bank,
Northern Rock. They pulled out of the bidding in December. On January 21, 2008, JC Flowers made an informal bid of £4bn for
Friends Provident. A revised bid of £3.5 billion was rejected. On March 14, 2008, JC Flowers was reported to be in talks to buy troubled US investment bank
Bear Stearns. On April 16, 2008, JC Flowers issued an offer to buy 24.9% of the shares of Hypo Real Estate Group at a price of €22.50 per share. At the end of 2006, JC Flowers purchased a company called PanEuroLife in Luxembourg and started to build the NewPELGroup. In July 2010 JC Flowers announced its intention to purchase a stake in the UK's
Kent Reliance Building Society and this deal was completed on 1 February 2011 with the formation of
OneSavings Bank Plc. In December 2012 JC Flowers was reported to have submitted a non-binding first-round bid for the 316 branches being re-auctioned by
The Royal Bank of Scotland Group. In July 2013, JC Flowers agreed to buy £450 million of loans belonging to struggling British bank
Northern Rock. In October 2016, JC Flowers aided the acquisition of retail stockbroker
TD Direct Investing Europe by a smaller rival
Interactive Investor to create the United Kingdom's second-biggest online fund supermarket. In May 2017, JC Flowers completed the acquisition of the insurance company UK General for an undisclosed sum. As of March 2026, private equity firm
Centerbridge Partners was believed to have held talks with JC Flowers regarding a potential partnership to take over Irish lender
Permanent TSB (PTSB). == References ==