JH Capital Group Holdings, LLC to Become Public Company Through a Combination with Easterly Acquisition Corp.

BOSTON & LOS ANGELES & NEW YORK--(BUSINESS WIRE)--JH Capital Group Holdings, LLC (“JH Capital”), a leading specialty finance company in the debt recovery industry, and Easterly Acquisition Corp. (“Easterly”) (NASDAQ: EACQ) announced that they have entered into a definitive investment agreement, whereby Easterly will acquire JH Capital and be renamed JH Capital Group Holdings, Inc. (“JH Capital Inc.”). This transaction is expected to enhance JH Capital Inc.’s competitive position significantly, accelerate its strategic development and cement its long-term growth in providing end-to-end solutions throughout the consumer credit lifecycle.