FirstCash Holdings announced the completion of its acquisition of H&T Group plc, the largest operator of pawn stores in the United Kingdom. This strategic combination marks FirstCash's entry into the European market and significantly enhances its position as a global leader in the pawn industry. H&T operates 286 locations.
With this acquisition, FirstCash now operates over 3,300 retail pawn locations across the U.S., Latin America, and the U.K., with annualized pro forma revenues approaching $4 billion. The company expects the acquisition to be immediately accretive to earnings.
H&T Group has demonstrated strong performance in 2025, reporting double-digit pawn receivable growth and solid increases in year-to-date revenues and earnings. FirstCash anticipates realizing operating synergies, including reduced public company costs for H&T and benefits from increased scale.
The acquisition aligns with FirstCash's strategy to grow its core pawn operations, with approximately 85% of future earnings expected to come from its pawn segments in the U.S., Latin America, and now the U.K. This expansion provides premier access to an attractive market and a platform for further international growth.
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