Prendamex & First Cash

posted in: Recent Transactions | 0

Selected Transaction– M&A Sell Side Engagement - Between a 
Mexican Private Company and an American Public Company


  • Prendamex is one of the leaders of the pawn industry in Mexico, it owns more than 450 stores and they sold 126 stores to First Cash..

PC Capital’s Role

  • PC Capital advised Prendamex in the valuation, structuring and sale of its pawn business to First Cash
  • They originated the opportunity​.
  • Negotiated the terms and conditions for the closing of the transaction​​.

First Cash increased its number of total branches to around 200


  • First Cash acquired Prendamex’s pawn business​.
  • Prendamex managed to obtain a very attractive valuation considering all the different valuation parameters.
  • With this transaction, First Cash significantly increased its presence in Mexico​.