Matheson is pleased to have supported Chenavari Partners (through its fund, Areo) (“Chenavari”) , a specialist European alternative asset management firm, on its agreement to sell its shareholding in Dilosk DAC (trading as Dilosk and ICS Mortgages), one of Ireland’s leading non-bank mortgage lenders.
J.C. Flowers & Co has agreed to acquire 100% of Dilosk’s share capital – the acquisition follows JC Flowers’ announcement in March 2025 of its acquisition of global credit management firm, Pepper Advantage, and is intended as a bolt-on to its servicing platform. The transaction is subject to customary regulatory approvals.
“It has been a pleasure to advise our longstanding client, Chenavari, on this transaction. The successful exit from Dilosk marks an important milestone for Chenavari, and we are proud to have supported the team throughout the process. We thank them for their continued trust in us and wish them every success in their future investments.” commented Sandie Lord, Partner.
The cross-jurisdictional Matheson team is being led from London by Sandie Lord (partner, M&A and Private Equity group), supported by Jenny Kennan (Senior Associate), Catherine Finn (Senior Associate), and Constance Edwards (Solicitor), supported by a team of specialist lawyers across a number of practice areas within the firm.
