Alston & Bird advised Texas-based pawnbroker FirstCash Holdings and its UK subsidiary Chess Bidco Limited on their recommended agreement to acquire, by way of a scheme of arrangement, Ramsdens Holdings Plc, a leading publicly traded UK-based operator of pawn stores, for £206 million. With over 3,300 retail locations, FirstCash is the largest publicly traded pawn platform in the United States, United Kingdom, and Latin America.
Representing FirstCash was an Alston & Bird team led by partners Kyle Healy, Paul Simcock, and Paul Hespel; counsel John Stephen and David Rutherford; senior associate Emma Rigby; and paralegal Hina Rana.