M&A Deal Summary |
|
|---|---|
| Date | 2005-12-05 |
| Target | Rent-A-Center - 19 Stores |
| Sector | Retail |
| Buyer(s) | Aaron s |
| Sellers(s) | Rent-A-Center |
| Deal Type | Divestiture |
| Deal Value | 4M USD |
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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 | 1 of 7 |
| Sector (Retail) | 1 of 6 |
| Type (Divestiture) | 1 of 2 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 1 of 7 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-10-02 |
Prime Time Rentals
Lynchburg,, Virginia, United States Prime Time Rentals has 33 stores located in Virginia, North Carolina, Maryland, and West Virginia. Approximately one-half of the stores will be operated as Aaron's Sales & Lease Ownership stores. |
Buy | - |
| 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 | 1 of 1 |
| Sector (Retail) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Kansas) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2005) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-05-04 |
Rainbow Rentals
Canfield,, Ohio, United States Rainbow Rentals Inc.offers renting and selling services of home electronics, furniture, appliances, and computers to the general public. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-06-06 |
Rent-Way
Erie, Pennsylvania, United States Rent-Way, Inc. is a rental purchase company in the U.S.Rent-Way operates 784 stores in 34 states. |
Buy | $567M |
