Dollar Financial Corp Consummates Previously Announced Acquisition of Sefina

Dollar Financial Corp DLLR today announced that its wholly owned U.K. subsidiary, Dollar Financial U.K. Ltd., has completed the acquisition of Sefina Finance AB. The total cash consideration for the acquisition is approximately $73.0 million, of which $58.0 million was cash paid at closing with the remaining approximately $15.0 million of additional cash to be paid in installments during calendar year 2011, and there is a contingent earn-out arrangement based on the financial performance of the acquired business over the next two years.