M&A Deal Summary

EZCORP Acquires Metro Pawn

On June 24, 2019, EZCORP acquired financial services company Metro Pawn

Acquisition Highlights
  • This is EZCORP’s 10th transaction in the Financial Services sector.
  • This is EZCORP’s 8th transaction in the United States.
  • This is EZCORP’s 1st transaction in Nevada.

M&A Deal Summary

Date 2019-06-24
Target Metro Pawn
Sector Financial Services
Buyer(s) EZCORP
Deal Type Add-on Acquisition

Target

Metro Pawn

Reno, Nevada, United States
Metro Pawn is a privately-owned Pawn loan chain which allows customers to borrow money quickly, without a credit check or any hassle. Metro Pawn is base in Reno, Nevada.

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Buyer(S) 1

Buyer

EZCORP

Austin, Texas, United States

Category Company
Founded 1989
Sector Financial Services
Employees7,500
Revenue 1.0B USD (2023)
DESCRIPTION

EZCORP is a provider of financial services to customers by multiple ways to access instant cash, including pawn loans and consumer loans in the United States, Mexico and Canada, and fee-based credit services to customers seeking loans. EZCORP was founded in 1989 and is based in Austin, Texas.


DEAL STATS #
Overall 12 of 12
Sector (Financial Services) 10 of 10
Type (Add-on Acquisition) 8 of 8
State (Nevada) 1 of 1
Country (United States) 8 of 8
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-24 The Cash Pawn

Texas, United States

The Cash Pawn L.P. offers secured non-recourse loans referred to as pawn loans including collateralized loans, cash advances, pre-paid debit cards.

Buy $17M