---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-361180"
form_type: "8-K"
ticker: "FCFS"
cik: "0000840489"
company_name: "FirstCash Holdings, Inc."
filed_at: "2021-12-17T23:59:59+00:00"
generated_at: "2026-06-28T00:20:24.083693+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-21-361180
- form_type: 8-K
- ticker: FCFS
- cik: 0000840489
- company_name: FirstCash Holdings, Inc.
- filed_at: 2021-12-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 3.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/840489/000119312521361180/0001193125-21-361180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/840489/000119312521361180/d444660d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-361180
- JSON: https://secwatch.observer/filing/0001193125-21-361180.json
- Plain text: https://secwatch.observer/filing/0001193125-21-361180.txt

## Key facts
- Executive change
  Doug Rippel was appointed as Director at FirstCash Holdings, Inc..
  - Action: appointed
  - Role: Director
  source text: the Board increased the size of the Board to eight directorships and appointed Rippel to the board of directors of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/840489/000119312521361180/0001193125-21-361180-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.