King & Spalding is advising CURO Group Holdings Corp. (NYSE: CURO), a tech-enabled, omni-channel consumer finance company serving non-prime and prime consumers in the U.S. and Canada, in its $360 million pending acquisition of Heights Finance from Milestone Partners. The transaction is expected to be completed by first quarter 2022, subject to customary closing conditions, including regulatory approvals.
Heights Finance is a consumer finance company that provides installment loans and offers customary opt-in insurance and other financial products, and provides attractive, easy to understand installment loan products to underbanked customers with limited access to credit as well as installment loan related credit insurance and ancillary products to customers.
A press release announcing the transaction can be found here.
The King & Spalding deal team includes Cal Smith, Tim Fesenmyer, Nik Patel and Anna Gregg.