García & Bodán led and coordinated the merger process of five companies within the First Cash Group in Guatemala. This strategic move strengthens the group's position in the market.
The merger is governed by local law and is subject to a registration process with the General Mercantile Registry of the Republic. This transaction is significant as it involves one of the top three non-bank lending companies in the country. The integration of these companies presented various complexities due to the different legal and commercial processes each one has.
Thanks to the expertise of García & Bodán’s team, led by senior associate Paul Rodríguez and associates Andrés Cofiño and Gabriela Arias, First Cash was able to implement this operation, ensuring an efficient transition.
First Cash, the leading international pawnshop operator, has approximately 3,000 pawn and consumer loan retail locations across 29 U.S. states, Washington D.C., and Latin America, including all states in Mexico and the countries of Guatemala, Colombia, and El Salvador.