M&A Deal Summary |
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|---|---|
| Date | 2023-12-18 |
| Target | Badcock |
| Sector | Retail |
| Buyer(s) | Conn s |
| Sellers(s) | Franchise Group |
| Deal Type | Divestiture |
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Conn's is a specialty retailer of durable consumer goods and related services in the United States. It operates through two segments, Retail, and Credit. The company's stores offer furniture and mattress, including furniture and related accessories for the living room, dining room, and bedroom, as well as traditional and specialty mattresses; and home appliances, such as refrigerators, freezers, washers, dryers, dishwashers, and ranges. Conn's was founded in 1890 and is based in Woodlands, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Retail) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Florida) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2023) | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 2010 |
| Sector | Consumer Services |
| Employees | 4,758 |
| Revenue | 2.2B USD (2020) |
Franchise Group is a growing North American tax preparation company with over 2,800 stores open in the U.S. and Canada during the 2008 tax season. Franchise Group was founded in 2010 and is based in Virginia Beach, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Retail) | 1 of 1 |
| Type (Divestiture) | 2 of 3 |
| State (Florida) | 1 of 1 |
| Country (United States) | 2 of 3 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-22 |
Badcock
Mulberry, Florida, United States Badcock is a home furnishings company in the southeastern US. The stores are branded “Badcock Home Furniture & more” and carry a complete line of furniture, appliances, bedding, electronics, home office equipment, accessories, and seasonal items. Badcock was founded in 1904 and is based in Mulberry, Florida. |
Buy | $580M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-20 |
Sylvan Learning
Towson, Maryland, United States Sylvan Learning is a tutoring franchisor for Pre-K-12 students and families in the U.S. The company addresses the full range of student needs with a broad variety of academic curriculums delivered in an omnichannel format. It has a growing footprint and currently has more than 700 locations, in 49 states, including more than 560 physical centers, of which all but six are franchised. Sylvan’s omnichannel platform has helped deliver attractive unit economics to its franchisees. The platform provides franchisees with the ability to provide a range of services, including on-premises, online, one-on-one, and in-group tutoring. Sylvan Learning was founded in 1979 and headquartered in Towson, Maryland. |
Sell | - |
