07:34 AM EDT, 07/01/2025 (MT Newswires) -- Prospect Capital ( PSEC ) said Tuesday it has completed its acquisition of QC Holdings in a $115 million all-cash transaction.

QC Holdings' common stock has been delisted, and the company will remain based in Lenexa, Kansas, Prospect said.

The existing QC management team, led by CEO Darrin Andersen, will continue in their current roles, the company added.

Prospect also said that payment instructions have been issued to QC stockholders as of June 30, including those holding shares via Computershare and brokerages.