The a lot of money Pawn location at 631 N. Valley Mills Drive is among 41 statewide that Cash America Global will buy.
This dollar that is top location on North Valley Mills Drive is among four locally become purchased by money America Global.
Fort Worth-based money America International, a huge when you look at the pawnshop company, will purchase Waco-based dollar that is top in a deal valued at $102.5 million.
A lot of money Pawn has 41 places statewide, including four in Waco, and contains an existence within the major areas of Houston, Dallas-Fort Worth and San Antonio. At the time of Dec. 31, it had about $14.6 million in pawn loan balances, based on money America.
вЂњThis selection of 41 stores permits us to develop our existence in a lot of associated with the markets that are key Texas where certification limitations exist,вЂќ Daniel Feehan, money America president and CEO, stated in a declaration. вЂњWe are delighted to create Dollar that is top PawnвЂ™s of well-established pawn areas and talented workers in to the money America group.вЂќ
Cash America operates 257 of its 828 U.S. financing areas in Texas, including 141 places in areas it shares with Top Dollar Pawn.
It offers two places in Waco вЂ” on western Waco Drive and Woodway Drive.
A lot of money Pawn, meanwhile, were only available in 1994 as being a solitary shop in Cleburne, but steadily is continuing to grow having its вЂњsuperstoreвЂќ concept underneath the leadership of Todd Behringer, president and manager of TDP Superstores Corp., under which A premium price Pawn does company.
Behringer, whom acts regarding the board of advisers of this better Waco Chamber of Commerce, could never be reached for remark.