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Cash Converters Accelerates Growth with $15.9M Australian Franchise Buyout
8:33am on Monday 11th of August, 2025 AEST
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Financial Services
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Cash Converters Accelerates Growth with $15.9M Australian Franchise Buyout
8:33am on Monday 11th of August, 2025 AEST
Key Points
Acquisition of 14 Australian franchise stores completed in three transactions
Total enterprise value of approximately $15.9 million funded from available cash
Blended earnings multiple of 4.3x EBITDA, immediately accretive to earnings
Expansion strengthens corporate store network in Queensland, New South Wales, and Victoria
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Cash Converters International (ASX:CCV)
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