Jefferies Looks to Private Debt to Fund Flexis Deal for SMS Firm

Feb. 21, 2025, 6:46 PM UTC

Jefferies Financial Group Inc. has been reaching out to direct lenders to help finance Flexis Capital’s potential acquisition of Campaign Registry, a telemarketing service for brands looking to use text messages to reach customers, according to people with knowledge of the matter.

Jefferies is advising on the sale process and has reached out to direct lenders for around $200 million of financing, split across a new term loan and a revolving credit facility, said the people, who asked not to be identified discussing private information. Pricing for the term loan has been discussed at 6 percentage points over ...

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