Aaron's
Aaron’s, Inc. (Aaron’s) is a specialty retailer of consumer electronics, computers, residential furniture, household appliances and accessories. Aaron’s is engaged in the lease ownership, lease and retail sale of a variety of products, such as widescreen and liquid crystal display (LCD) televisions, computers, living room, dining room and bedroom furniture, washers, dryers and refrigerators. It carries brands, such as JVC, Mitsubishi, Philips, Panasonic, Sony, Dell, Hewlett-Packard, Simmons, Frigidaire, and Sharp. It operates in four segments: Sales and Lease Ownership, Franchise, HomeSmart, and Manufacturing. The Company acquired the lease agreements, merchandise and assets of 38 Aaron’s Sales & Lease Ownership stores and 47 HomeSmart stores during the fiscal year ended December 31, 2011. In January 2014, the Company sold of its RIMCO operations to Rent-A-Wheel /Rent-A-Tire.
3 past transactions
BrandsMart USA
Acquisition in 2022
BrandsMart USA is a prominent retailer specializing in appliances and consumer electronics, with a significant presence in the southeast United States. The company operates ten retail stores across Florida and Georgia, complemented by a growing eCommerce platform. BrandsMart offers a vast array of products from hundreds of name brands, including large and small appliances, televisions, audio and video equipment, computers, furniture, home goods, and various accessories. This diverse product range caters to customers seeking both in-store and online shopping experiences.
SEI/Aaron's
Acquisition in 2017
SEI/Aaron's, Inc. is an established franchise company that operates a network of retail stores specializing in the sale, rental, and leasing of furniture, electronics, appliances, and computers. Founded in 1995 and headquartered in Atlanta, Georgia, the company serves a diverse customer base across various states, including Kentucky, Indiana, Connecticut, Massachusetts, Rhode Island, New York, Vermont, Maine, and New Hampshire. As a subsidiary of Aaron's, Inc., SEI/Aaron's focuses on providing flexible payment options and quality products to meet the needs of its clientele.
Progressive Finance
Acquisition in 2014
Progressive Finance is a company that offers web-based lease-to-own financing programs specifically designed for retailers. By providing no credit needed lease purchase options, it enables retail stores and merchants across the United States to facilitate financing solutions for their customers. Currently, Progressive Finance services over 2,000 retailers, helping them expand their customer base and enhance sales through accessible payment alternatives.
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