M&A Deal Summary

Aaron s Acquires Crusader Rent to Own

On July 20, 2011, Aaron s acquired retailer Crusader Rent to Own

Acquisition Highlights
  • This is Aaron s’ 4th transaction in the Retail sector.
  • This is Aaron s’ 4th transaction in the United States.
  • This is Aaron s’ 1st transaction in Georgia.

M&A Deal Summary
Date 2011-07-20
Target Crusader Rent to Own
Sector Retail
Buyer(s) Aaron s
Deal Type Add-on Acquisition

Target

Crusader Rent to Own

Toccoa, Georgia, United States
Crusader Rent to Own offers appliances, such as freezers, dryers, refrigerators, washers, and ranges,and electronics.

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Buyer(S) 1

Buyer

Aaron s

Atlanta, Georgia, United States
Category Company
Founded 1955
Sector Retail
Employees9,071
Revenue 2.1B USD (2023)
DESCRIPTION
Entrance to Aaron Rents' corporate headquarters in Atlanta, Georgia.
Entrance to Aaron Rents' corporate headquarters in Atlanta, Georgia.

Aaron’s proivdes lease ownership and specialty retailing of residential furniture, consumer electronics, home appliances, and accessories. Aaron's has more than 2,130 Company-operated and franchised stores in 48 states and Canada. Aaron's was formed in 1955 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 4 of 7
Sector (Retail) 4 of 6
Type (Add-on Acquisition) 3 of 5
State (Georgia) 1 of 1
Country (United States) 4 of 7
Year (2011) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-06 Rosey Rentals

Winter Garden, Florida, United States

Rosey Rentals operated 35 Aaron's Sales & Lease Ownership franchised stores in six southeastern states with total annual revenues of approximately $45 million.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-31 Buzz s operated stores

Texas, United States

Buzz's operated stores,engages in the retail of furniture and appliances.

Buy -
Mergr

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