FirstCash closes $406M+ acquisition of American First Finance, enters lease-to-own space

FirstCash Holdings, Inc.

Base purchase price: ~8.05M shares and $406M cash, plus up to $400M in contingent payments.
Doug Rippel, AFF founder, appointed to FirstCash board effective December 17, 2021.
Holding company reorganization complete; FirstCash Holdings, Inc. now trades under FCFS.
Pro forma combined TTM Sep 2021 net income of $91.9M on revenue of $2.1B.
Acquisition funded with cash, stock, and proceeds from new 5.625% senior notes due 2030.

item 2.01 item 3.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Doug Rippel

Director

FCFS · FirstCash Holdings, Inc.

Effective: 2021-12-17
Filed: December 17, 2021, 6:59 PM ET

the Board increased the size of the Board to eight directorships and appointed Rippel to the board of directors of the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Doug Rippel was appointed as Director at FirstCash Holdings, Inc..

Action: appointed
Role: Director

Exact text from the filing

the Board increased the size of the Board to eight directorships and appointed Rippel to the board of directors of the Company

View on SEC.gov

FirstCash Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-21-361180

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.