FirstCash, Inc. Completes Merger of Equals Through Combination of First Cash Financial Services, Inc. and Cash America International, Inc
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September 2016 – Comstock Capital and Advisory Group has acted as financial advisor to First Cash Financial Services, Inc. in connection with its successfully completed $2.4B merger of equals with Cash America International, Inc. The all-stock transaction results in a newly combined company, FirstCash, Inc. (NYSE: “FCFS”), which becomes the largest combined retail pawn store operator in the U.S. and Latin America with over 2,000 locations across four countries.
The merger represents Comstock Capital’s tenth closed transaction in the pawn sector, demonstrating Comstock Capital’s continued leadership position in the Alternative Financial Services industry.