FirstCash Acquires Ramsdens for £206M

By Bobby Samwell • Tuesday, June 23 13:07 • Permanent Link

FirstCash Holdings said it agreed to buy Ramsdens Holdings for cash, valuing the U.K. pawn operator at about £206 million, or $273 million, including a dividend of up to 9 pence a share due on Oct. 9, 2026. FirstCash will pay 600 pence for each Ramsdens share.

The deal adds 174 pawn locations in England, Scotland and Wales to FirstCash’s network. FirstCash said that, once the acquisition closes, it expects to have more than 3,500 pawn locations worldwide.

The Ramsdens purchase comes after FirstCash’s prior U.K. expansion through H&T, and the combined U.K. platform will have almost 470 stores, with limited overlap between the two chains.

Ramsdens reported trailing-12-month revenue of $200 million, net income of $26 million and adjusted EBITDA of $40 million for the period ended March 31, 2026.

FirstCash said the transaction is expected to be accretive to EBITDA and EPS and to close by the end of 2026, pending shareholder and regulatory approvals. As a result of these announcements, the company's shares have moved 1.47% on the market, and are now trading at a price of $232.25. For more information, read the company's full 8-K submission here.

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