M&A Deal Summary

Rent-Way Acquires Home Choice Holdings

On December 10, 1998, Rent-Way acquired consumer services company Home Choice Holdings for 300M USD

Acquisition Highlights
  • This is Rent-Way’s 1st transaction in the Consumer Services sector.
  • This is Rent-Way’s largest (disclosed) transaction.
  • This is Rent-Way’s 1st transaction in the United States.
  • This is Rent-Way’s 1st transaction in Indiana.

M&A Deal Summary

Date 1998-12-10
Target Home Choice Holdings
Sector Consumer Services
Buyer(s) Rent-Way
Deal Type Add-on Acquisition
Deal Value 300M USD

Target

Home Choice Holdings

New Albany, Indiana, United States
Home Choice Holdings, Inc. offers rent consumer merchandise like major appliances weekly and monthly.

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Buyer(S) 1

Buyer

Rent-Way

Erie, Pennsylvania, United States

Category Company
Founded 1981
Sector Consumer Services
Employees3,997
DESCRIPTION

Rent-Way, Inc. is a rental purchase company in the U.S.Rent-Way operates 784 stores in 34 states.


DEAL STATS #
Overall 1 of 1
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (1998) 1 of 1
Size (of disclosed) 1 of 1