ACE Cash Express
ACE Cash Express, Inc., founded in 1968, is a leading financial services retailer serving un-banked and under-banked consumers in the United States. Through its geographically diverse network of over 1,650 retail storefront locations, as well as its Internet-based platform, the Company provides a range of consumer financial products and services, including short-term consumer loans, check cashing, prepaid debit cards, money transfers, bill payments and money orders.
JLL was attracted to ACE’s leading market positions, robust growth prospects, strong management team and attractive industry trends.
Strong Growth Potential – Despite regulatory challenges and heightened unemployment levels over the past several years, retail financial services, especially credit and debit card and online platforms, continue to grow at an attractive rate.