Prospect Capital completed the acquisition of QC Holdings for $115m.

Prospect Capital, a business development company, completed the acquisition of QC Holdings, a consumer finance company, for $115m. "QC Holdings has built a strong foundation based on innovation, customer service, and operational excellence. This Merger provides an excellent premium for our stockholders above our stock price. Our access to greater capital through Prospect will position us for future growth and innovation, ensuring that we will continue to provide increased value to our customers," Darrin Andersen, QC Holdings President and CEO.