M&A Deal Summary

FirstCash Acquires Cash America International

On April 28, 2016, FirstCash acquired financial services company Cash America International for 994M USD

Acquisition Highlights
  • This is FirstCash’s 1st transaction in the Financial Services sector.
  • This is FirstCash’s largest (disclosed) transaction.
  • This is FirstCash’s 1st transaction in the United States.
  • This is FirstCash’s 1st transaction in Texas.

M&A Deal Summary
Date 2016-04-28
Target Cash America International
Sector Financial Services
Buyer(s) FirstCash
Deal Type Merger
Deal Value 994M USD
Advisor(s) Jefferies (Financial)
Hunton & Williams LLP (Legal)

Target

Cash America International

Fort Worth, Texas, United States
Cash America's corporate headquarters in Forth Worth, Texas.
Cash America's corporate headquarters in Forth Worth, Texas.
Cash America International, Inc. is a provider of specialty financial services to individuals in the United States and Mexico with more than 900 locations.

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Buyer(S) 1

Buyer

FirstCash

Fort Worth, Texas, United States
Category Company
Founded 1988
Sector Financial Services
Employees19,000
Revenue 3.2B USD (2023)
DESCRIPTION

FirstCash is an international operator of retail pawn stores. First Cash focuses on serving cash and credit constrained consumers through its retail pawn locations, which buy and sell a wide variety of jewelry, electronics, tools and other merchandise, and make small customer pawn loans secured by pledged personal property. FirstCash was founded in 1988 and is based in Fort Worth, Texas.

DEAL STATS #
Overall 2 of 3
Sector (Financial Services) 1 of 2
Type (Merger) 1 of 1
State (Texas) 1 of 2
Country (United States) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-12-11 Presta Max

Mexico

Presta Max is a provider of chain of 16 pawn stores.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-17 American First Finance

Dallas, Texas, United States

American First Finance offers a flexible payment solution for customers online, in-store, and via text. American First Finance amortizes payment schedules with flexible early payoff options. American First Finance is based in Dallas, Texas.

Buy -
Mergr

Product

Company

Legal