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Get filing alertsFirstCash to acquire U.K. pawn operator Ramsdens for $273M cash, adding 174 stores
Filed June 23, 2026 · Period ending June 23, 2026 · ~2 min read
Key Changes
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FirstCash agreed to acquire Ramsdens Holdings plc for approximately $273M (£206M) in cash, paying 600 pence per share plus a 9 pence interim dividend. The deal adds 174 U.K. stores to FirstCash's existing H&T operations, creating a combined U.K. footprint of nearly 470 locations.
Item 8.01 verify on EDGAR → -
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Ramsdens generated $200M in revenue and $40M in adjusted EBITDA for the trailing twelve months ended March 31, 2026. FirstCash expects the acquisition to be accretive to both EBITDA and EPS.
Exhibit 99.1 verify on EDGAR → -
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FirstCash secured a £218M bridge loan facility to backstop acquisition financing, though the company expects to draw on its existing U.S. revolving credit facility instead. The bridge facility serves primarily to satisfy U.K. takeover code requirements for certain funds.
Item 8.01 verify on EDGAR →
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Generated by AI · Jun 23, 2026 11:09 AM