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JC Flowers to acquire Monte Paschi Banque in France

PRIVATEJun 03, 2026

Acquiring Company

J.C. Flowers & Co

Acquired Company

Monte Paschi Banque

New YorkFranceFinancial ServicesFinanceVenture CapitalAngel InvestmentFintechLendingBankingFinancial ServicesFinanceLendingBanking

Description

JC Flowers has reached an agreement to acquire Monte Paschi Banque from Monte dei Paschi di Siena. The acquisition will involve rebranding the asset and expanding product offerings. Michele Antognoli will lead the newly formed firm, aiming to develop a new customer base and enhance financial solutions. The deal will enhance JC Flowers' presence in the European market.

Company Information

Company

J.C. Flowers & Co

Location

New York, New York, United States

About

J.C. Flowers & Co. is a leading private investment firm dedicated to investing globally in the financial services industry. Founded in 1998, the firm has invested more than $18 billion of capital, including co-investment, in 71 portfolio companies in 19 countries across a range of industry subsectors including banking, insurance and reinsurance, securities firms, specialty finance, and services and asset management. With approximately $5 billion of assets under management, J.C. Flowers & Co. has offices in New York, London and Palm Beach.

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Frequently asked

Who acquired Monte Paschi Banque?

Monte Paschi Banque was acquired by J.C. Flowers & Co, based in New York. The deal was reported on June 3, 2026. J.C. Flowers & Co. is a leading private investment firm dedicated to investing globally in the financial services industry. J.C. Flowers & Co is privately held and operates in Financial Services.

When did J.C. Flowers & Co acquire Monte Paschi Banque?

J.C. Flowers & Co's acquisition of Monte Paschi Banque was reported on June 3, 2026. JC Flowers has reached an agreement to acquire Monte Paschi Banque from Monte dei Paschi di Siena. The acquisition will involve rebranding the asset and expanding product offerings. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Monte Paschi Banque do?

Monte Paschi Banque is the French subsidiary of Italy's Monte dei Paschi di Siena. It provides a range of financial services, including mortgages and loans. The bank aims to expand its offerings with bespoke products and specialized solutions. It is privately held, operating in Financial Services, and is based in France.

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