FirstCash to acquire Ramsdens at 600 pence per share plus a 9 pence interim dividend, valuing the deal at approximately £206 million ($273 million). This adds 174 UK pawn locations, boosting FirstCash’s global network to over 3,500 stores and is expected to be accretive to EBITDA and EPS.
Under the terms, FirstCash will pay 600 pence per Ramsdens share plus a 9 pence interim dividend, valuing the transaction at approximately £206 million ($273 million).
The acquisition adds 174 pawn locations across England, Scotland and Wales, boosting FirstCash’s UK store base to nearly 470 outlets when combined with its H&T portfolio and raising its global network to over 3,500 locations.
The deal is expected to be accretive to both EBITDA and EPS, unlocking revenue and cost synergies through enhanced scale, operational efficiencies and access to additional growth capital for Ramsdens stores.
The boards of both companies have unanimously approved the transaction, which is slated to close by the end of 2026 pending Ramsdens shareholder consent and customary UK regulatory approvals.
