EZ Corp Completes Acquisition of Mister Cash Pawn Shops

January 13, 2021

EZ Corp Completes Acquisition of Mister Cash Pawn Shops

Women and Gentelmen in Pawnland!

The usa purchase battle continues with still another major acquistion by EZ Corp out of Austin Texas. Valuations are operating high and candidates that are suitable operating scarce. Interesting read I ended up being thinking i might share with this customer list, enjoy!

EZCORP Completes Acquisition of Mister Cash Pawn Shops

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SUPPLY EZCORP, Inc.

AUSTIN, Texas, May 17, 2011 /PRNewswire/ — EZCORP, Inc. (Nasdaq: EZPW) announced today it has finished the formerly established acquisition of fifteen Mister cash pawn shops based in Iowa, Wisconsin, and Illinois. The purchase cost had been compensated in money.

“With the addition of the shops, we continue to solidify and expand our existence in brand new and areas that are underserved” said Eric Fosse, President for the company’s North American Operations. “Eleven of this obtained shops come in Iowa, which will be an entirely brand new state for us and something we come across as appealing for further expansion. Three shops are in Wisconsin and certainly will complement our 35 EZMONEY loan shops for the reason that state. The store that is remaining in an area of Illinois in which we would not formerly have a presence.”

“This purchase brings how many states by which we run pawn shops to 16, when compared with 12 at the moment this past year,” proceeded Mr. Fosse. “Strengthening our U.S. pawn existence, both through opportunistic purchases and brand new shop expansion, stays a significant part of our development strategy.”

About EZCORP

EZCORP is a leading provider of specialty customer monetary solutions. It offers collateralized non-recourse loans, popularly known as pawn loans, and many different short-term customer loans, including pay day http://cartitleloansplus.com/payday-loans-mt/ loans, installment loans and car name loans, or fee-based credit services to clients looking for loans. At its pawn stores, the business additionally offers product, primarily collateral forfeited from the pawn lending operations.

EZCORP runs significantly more than 1,000 stores, including more than 500 pawn shops when you look at the U.S. and Mexico and over 500 consumer that is short-term shops within the U.S. and Canada. The organization even offers significant investments in money Converters Overseas Limited (CCV.L and CCV.ASX), which franchises and operates a worldwide system of over 600 shops in 21 nations offering monetary services and offer pre-owned product, and Albemarle & Bond Holdings PLC (ABM.L), one of several U.K.’s largest pawnbroking companies with more than 140 shops.

Unique Note Regarding Forward-Looking Statements

This statement contains specific forward-looking statements about the Company’s expected performance in future durations, like the expected effect regarding the newly obtained shops. These statements are derived from the Company’s present objectives. Real results for future durations may vary materially from those expressed or suggested by these forward-looking statements because of a number of uncertainties as well as other factors, including changing market conditions within the general economy as well as the industry, consumer interest in the Company’s services and product and alterations in the regulatory environment. For a discussion of the along with other facets impacting the Company’s company and prospects, begin to see the Company’s yearly, quarterly along with other reports filed aided by the Securities and Exchange Commission.

EZCORP Investor Relations (512) 314-2220

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