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Cash Converters Expands East Coast Reach with $37.1m Franchise Buyout
8:26am on Thursday 4th of December, 2025 AEDT
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Financial Services
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Cash Converters Expands East Coast Reach with $37.1m Franchise Buyout
8:26am on Thursday 4th of December, 2025 AEDT
Key Points
Acquisition of 29 franchise stores across Queensland, NSW, ACT, and Tasmania
Deal valued at $37.1 million, representing 4.5 times FY25 EBITDA
Expected to be earnings per share accretive in the first full year
Funded through existing cash reserves and recent equity raise
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Cash Converters International (ASX:CCV)
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