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The usa purchase competition continues with just one more major acquistion by EZ Corp away from Austin Texas. Valuations are operating high and candidates that are suitable operating scarce. Interesting read We thought i might share with your customer list, enjoy!
EZCORP Completes Acquisition of Mister Cash Pawn Stores
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PROVIDER EZCORP, Inc.
AUSTIN, Texas, might 17, 2011 /PRNewswire/ вЂ” EZCORP, Inc. (Nasdaq: EZPW) announced that it has completed the previously announced acquisition of fifteen Mister Money pawn stores located in Iowa, Wisconsin, and Illinois today. The purchase cost ended up being compensated in cash.
вЂњWith the addition of those shops, we continue steadily to solidify and expand our existence in new and underserved areas,вЂќ said Eric Fosse, President of this companyвЂ™s North American Operations. вЂњEleven associated with the acquired shops come in Iowa, which will be a totally brand new state for all of us and another we come across as appealing for further expansion. Three shops have been in Wisconsin and can complement our 35 EZMONEY loan shops for the reason that state. The staying shop is in a place of Illinois for which we would not formerly have a presence.вЂќ
вЂњThis purchase brings the amount of states for which we operate pawn shops to 16, when compared with 12 at the moment year that is lastвЂќ proceeded Mr. Fosse. вЂњStrengthening our U.S. pawn existence, both through opportunistic purchases and brand new shop expansion, continues to be a significant element of our growth strategy.вЂќ
EZCORP is a provider that is leading of customer monetary solutions. Continue reading EZ Corp Completes Acquisition of Mister Cash Pawn Shops