M&A Deal Summary

Franchise Group Acquires Buddy’s Home Furnishings

On July 10, 2019, Franchise Group acquired business services company Buddy’s Home Furnishings from Vintage Capital Management

Acquisition Highlights
  • This is Franchise Group’s 1st transaction in the Business Services sector.
  • This is Franchise Group’s 1st transaction in the United States.
  • This is Franchise Group’s 1st transaction in Florida.

M&A Deal Summary

Date 2019-07-10
Target Buddy’s Home Furnishings
Sector Business Services
Buyer(s) Franchise Group
Sellers(s) Vintage Capital Management
Deal Type Add-on Acquisition

Target

Buddy’s Home Furnishings

Orlando, Florida, United States
Buddy’s Home Furnishings is a rental-purchase operator in the United States with more than 125 storefronts. Buddy’s Home Furnishings is a Rent-To-Own furniture, appliance, electronic, and computer provider. Buddy’s Home Furnishings was founded in 1961 and is based in Orlando, Florida.

Search 201,157 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Franchise Group

Virginia Beach, Virginia, United States

Category Company
Founded 2010
Sector Consumer Services
Employees4,758
Revenue 2.2B USD (2020)
DESCRIPTION

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 1 of 7
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 7
State (Florida) 1 of 2
Country (United States) 1 of 7
Year (2019) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-08 Vitamin Shoppe

Secaucus, New Jersey, United States

Vitamin Shoppe, Inc. is a specialty retailer and direct marketer of vitamins, minerals and nutritional supplements, offering a broad line of products at discounts to list prices. Vitamin Shoppe, Inc. was founded in 1977 and is based in Secaucus, New Jersey.

Buy $208M

Seller(S) 1

DESCRIPTION

Vintage Capital Management LLC is an operations focused private investment firm that targets private and public equity investments in the aerospace, defense, manufacturing, and consumer sectors. Vintage seeks investment opportunities with significant barriers to entry, strong margins and cash flows and discounted valuations due to unique company circumstances. Vintage Capital Management is based in Orlando, Florida with an additional office in Boston, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-13 Buddy’s Home Furnishings

Orlando, Florida, United States

Buddy’s Home Furnishings is a rental-purchase operator in the United States with more than 125 storefronts. Buddy’s Home Furnishings is a Rent-To-Own furniture, appliance, electronic, and computer provider. Buddy’s Home Furnishings was founded in 1961 and is based in Orlando, Florida.

Buy -