M&A Deal Summary

JB Hi-Fi Acquires Good Guys

On September 13, 2016, JB Hi-Fi acquired retailer Good Guys from CompUSA.com for 870M AUD

Acquisition Highlights
  • This is JB Hi-Fi’s 3rd transaction in the Retail sector.
  • This is JB Hi-Fi’s 0th largest (disclosed) transaction.
  • This is JB Hi-Fi’s 1st transaction in the United States.
  • This is JB Hi-Fi’s 1st transaction in California.

M&A Deal Summary
Date 2016-09-13
Target Good Guys
Sector Retail
Buyer(s) JB Hi-Fi
Sellers(s) CompUSA.com
Deal Type Divestiture
Deal Value 870M AUD

Target

Good Guys

Alameda, California, United States
Good Guys, Inc. has 71 stores throughout California, Nevada, Oregon and Washington. Good Guys operates as a retailer of consumer entertainment electronics products. Good Guys was founded in 1973 and is based in Alameda, California.

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Buyer(S) 1

Buyer

JB Hi-Fi

Southbank, Australia

website

Category Company
Founded 1974
Sector Retail
Employees13,000
Revenue 9.2B AUD (2022)
DESCRIPTION

JB Hi-Fi Ltd is a specialty retailer of home entertainment products, focusing on consumer electronics, car sound systems, and music and DVDs. JB Hi-Fi was founded in 1974 and is based in Southbank, Australia.

DEAL STATS #
Overall 3 of 3
Sector (Retail) 3 of 3
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-01 B Hi-Fi Group Limited

Auckland, New Zealand

Hill & Stewart Appliances Limited operates in the electrical business with categories including Audio/Visual, Whitegoods, Cameras,Computers and Small Appliances.

Buy -

Seller(S) 1

SELLER

CompUSA.com

Miami, Florida, United States

website

Category Company
Sector Retail
DESCRIPTION

CompUSA.com, Inc. is a operator of computer and computer-product retail stores in the United States.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-09-29 Good Guys

Alameda, California, United States

Good Guys, Inc. has 71 stores throughout California, Nevada, Oregon and Washington. Good Guys operates as a retailer of consumer entertainment electronics products. Good Guys was founded in 1973 and is based in Alameda, California.

Buy AU$56M
Mergr

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