CNG Holdings, Inc. | Stephens

Who We Are

What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

Back to transactions
Financial Advisor

CNG Holdings, Inc.

$200 Million 04/28/2017 Specialty Finance Complete
Public Companies
Show Tombstone

Transaction Details

  • On April 28, 2017, CNG Holdings, Inc. raised a $200 million Senior Secured Credit Facility from Fortress Credit Corp., an affiliate of Fortress Investment Group LLC (NYSE: FIG), and an international asset manager
  • CNG Holdings is a leading, retail and online provider of alternative financial services to underbanked consumers in the U.S.
  • Transaction proceeds will be used to:
  • Refinance its existing senior revolving credit facility, and
  • Fund portfolio growth
  • Stephens Inc. served as exclusive financial advisor in the transaction

About the company

Founded in 1994, CNG Holdings, the parent company of Axcess Financial, is a leading, privately-held, retail and online provider of alternative financial services specializing in short-term installment lending to underbanked consumers. The Company operates through over 1,000 retail locations across the U.S. in 28 states (online in two additional states). CNG Holdings is headquartered in Cincinnati, OH. For additional information about CNG Holdings, visit

Sources: Company website and Company provided information to Stephens Inc.
  1. This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.