M&A Deal Summary |
|
|---|---|
| Date | 2024-12-12 |
| Target | Brigit |
| Sector | Financial Services |
| Buyer(s) | Rent-A-Center |
| Deal Type | Add-on Acquisition |
| Deal Value | 460M USD |
| Advisor(s) | Financial Technology Partners - FT Partners (Financial) Cooley Morgan Lewis (Legal) |
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| Category | Company |
|---|---|
| Founded | 1986 |
| Sector | Retail |
| Employees | 12,970 |
| Revenue | 4.0B USD (2023) |
Rent-A-Center is focused on improving the quality of life for its customers by providing them the opportunity to obtain ownership of high-quality, durable products such as consumer electronics, appliances, computers, furniture and accessories, under flexible rental purchase agreements with no long-term obligation. The Company owns and operates approximately 2,400 stores in the United States, Mexico, Canada and Puerto Rico, and approximately 1,250 Acceptance Now kiosk locations in the United States and Puerto Rico. Rent-A-Center Franchising International, Inc., a wholly owned subsidiary of the Company, is a national franchiser of approximately 250 rent-to-own stores operating under the trade names of “Rent-A-Center,” “ColorTyme,” and “RimTyme.” Rent-A-Center was founded in 1960 and is based in Plano, Texas
| DEAL STATS | # |
|---|---|
| Overall | 6 of 6 |
| Sector (Financial Services) | 2 of 2 |
| Type (Add-on Acquisition) | 6 of 6 |
| State (New York) | 1 of 1 |
| Country (United States) | 6 of 6 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-12-20 |
Acima Credit
Sandy, Utah, United States Acima Credit is a provider of financial services. Acima Credit's technology and alternative data sources to identify creditworthy consumers – regardless of their traditional credit scores. Acima Credit was founded in 2013 and is based in Sandy, Utah. |
Buy | $1.3B |
