CURO Group Holdings Acquires First Heritage Credit for $140M
July 13, 2022
CURO Group Holdings Corp. (NYSE: CURO) completed the cash acquisition of First Heritage Credit, a Ridgeland, Mississippi-based near-prime consumer lender, for $140 million. The deal adds funding capacity via a new $225 million non-recourse warehouse facility and supports CURO’s strategic shift toward longer‑term, higher‑balance installment lending.
- Buyers
- CURO Group Holdings Corp.
- Targets
- First Heritage Credit
- Industry
- Financial Services
- Location
- Mississippi, United States
- Transaction Type
- Buyout
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