California Check Cashing Stores - Ownership and Business Overview

Financial ServicesCompany

California Check Cashing Stores Ownership

Who owns California Check Cashing Stores?

California Check Cashing Stores is owned by Community Choice Financial. It was acquired on April 29, 2011.

Was California Check Cashing Stores formerly PE-backed?

Yes. California Check Cashing Stores was formerly owned by 1 private investor.

California Check Cashing Stores Business Overview

Where is California Check Cashing Stores headquartered?

California Check Cashing Stores is headquartered in Oakland, California.

What sector is California Check Cashing Stores in?

California Check Cashing Stores is a financial services company.

Financial Services M&A Summary in 2011

Out of 60 sectors in the Mergr database, financial services ranked 8 in number of deals in 2011. The largest financial services acquisition in 2011 was ING Direct USA - which was acquired by Capital One Financial for $9.0B.

Subscribe to Mergr to view all 168 acquisitions of financial services companies in 2011, including 34 acquisitions by private equity firms, and 134 by strategics.

Acquired by Community Choice Financial, Inc. (Company) on 2011-04-29

California Check Cashing Stores LLC

P. O. Box 20813,
Oakland, California 94620
United States,
www.99payday.com

California Check Cashing Stores, LLC is a leading retailer of alternative financial services including check cashing, short-term consumer loans ('payroll advance'), wire transfers and bill payment services. The Company focuses on serving unbanked and underbanked consumers, many of whom seek alternatives to traditional banking relationships in order to gain convenient and immediate access to cash.

Company Summary

SECTOR

Financial Services

Investor History
2011-04-29
Add-on Acquisition

Community Choice Financial, Inc.

Golden Gate Capital PE
2006-10-06
Recapitalization

Golden Gate Capital PE

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