FirstCash Acquires American First Finance
December 17, 2021
FirstCash Holdings, Inc. has completed its acquisition of American First Finance (AFF), adding AFF as a wholly owned subsidiary and establishing FirstCash's entry into the lease-to-own and point-of-sale payment space. AFF brings a nationwide network of over 6,500 merchant partner locations and technology for "no credit required" retail financing; Doug Rippel, AFF's founder and former chairman, joined the FirstCash Board following the close.
- Buyers
- FirstCash Holdings, Inc.
- Targets
- American First Finance
- Industry
- Payments & Fintech
- Location
- Texas, United States
- Transaction Type
- Buyout
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