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AcquisitionsMay 18, 2026, 08:07 AM

EZCORP acquires remaining 12.3% of Founders, 93% of SMG

AI Summary

EZCORP, Inc. announced the completion of further acquisitions related to Founders One, LLC and Simple Management Group, Inc. On May 14, 2026, EZCORP purchased the remaining 12.3% minority interest in Founders, achieving 100% sole ownership. Additionally, on May 15, 2026, the company acquired 1,360.65 shares of SMG from minority holders, increasing its ownership to 93% of SMG. These transactions follow the initial acquisition of a controlling interest in Founders and SMG announced on January 5, 2026.

Key Highlights

  • EZCORP acquired the remaining 12.3% minority interest in Founders One, LLC.
  • This resulted in EZCORP achieving 100% sole ownership of Founders.
  • EZCORP acquired an additional 1,360.65 shares of Simple Management Group, Inc. (SMG).
  • This increased EZCORP's ownership in SMG to 93% (16,030.65 shares).
  • These transactions follow the initial acquisition announced on January 5, 2026.