Prospect Capital (PSEC) Acquires QC Holdings
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Prospect Capital Corporation Acquires QC Holdings, Inc.
July 1, 2025 7:00 AM EDTNEW YORK, July 01, 2025 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (Prospect) (NASDAQ: PSEC) has announced the closing of the acquisition of QC Holdings, Inc. (QC Holdings), a provider of consumer credit, by Prospect on June 30, 2025. In accordance with the previously announced definitive merger agreement, Prospect has acquired QC Holdings in an all-cash transaction for a total enterprise value of approximately $115 million.
The common stock for QC Holdings is no longer listed on a stock exchange. QC Holdings, as a portfolio company of Prospect, will remain headquartered in Lenexa, Kansas. The QC Holdings management team... More
