Credit Services & Lending M&A » By The Online Investor Staff, updated Thu., Mar. 28, 9:29 PM Recent mergers and acquisitions in the Credit Services & Lending M&A category.
This Slide: #60 of 100 |
Slide #60. DFC Global Corp. — Pawn Store Chain in Romania
Acquirer:
DFC Global Corp. (DLLR)
Acquiree:
Pawn Store Chain in Romania
Details:
DFC Global Corp. (NASDAQ:DLLR), a leading international diversified financial services company serving primarily unbanked and under-banked consumers for over 30 years, today announced the next step in its European pawn expansion strategy with the acquisition of Express Credit, a leading pawn loan provider in Romania.
DFC Global is a non-bank provider of alternative financial services, mainly unsecured short term consumer loans, secured pawn loans, check cashing, gold buying, money transfers and reloadable prepaid debit cards, serving primarily unbanked and under-banked consumers. Co. has four segments: its retail store financial services offerings in Europe, Canada and the U.S., and its Internet lending business globally. At June 30 2013, Co.'s retail operations consisted of 1,507 retail storefront locations, of which 1,474 were Co.-owned. In addition to its retail stores, Co. provides Internet-based, unsecured short-term consumer loans in the U.K., Canada, Sweden, the Czech Republic, Spain and Poland.
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