As of September 1, 2016, Cash America International, Inc. was acquired by FirstCash, Inc. Cash America International, Inc. provides specialty financial services to individuals through storefront lending locations and franchised check cashing centers. The company offers pawn loans, consumer loans, check cashing and other financial products and services, such as money orders, wire transfers, prepaid debit cards, and auto insurance, as well as is involved in the purchase and sale of merchandise primarily, including forfeited collateral from pawn loans. As of December 31, 2015, the company operated lending locations in 20 states in the United States; and franchised check cashing centers operating in 12 states in the United States primarily operating under the Cash America Pawn, SuperPawn, Cash America Payday Advance, Cashland, and Mr. Payroll names. Cash America International, Inc. was founded in 1984 and is headquartered in Fort Worth, Texas.
Strategic Expansion | CSH's $227 million acquisition of three senior living properties in BC showcases its commitment to growth in a sector poised for demographic-driven demand |
Market Resilience | Explore the Canadian REIT market's impressive 16.3% gain over nine weeks, driven by multiple expansion and increased investor confidence |
Financial Maneuvers | Delve into CSH's $300 million equity offering at $12.20 per unit, balancing ambitious growth with financial prudence in a competitive landscape |
Future Prospects | Learn how CSH's focus on senior living in BC positions it to capitalize on long-term demographic trends, despite integration challenges and market risks |