The Aaron's Company

The Aaron's Company Inc. is a specialty retailer based in Atlanta, Georgia, that offers lease-purchase solutions for a variety of consumer goods. It specializes in the sale and lease ownership of furniture, home appliances, consumer electronics, and accessories through approximately 1,400 company-operated and franchised stores across the United States, Canada, and Puerto Rico, as well as through its e-commerce platform. The company's product range includes items such as televisions, computers, and major household appliances, featuring well-known brands like Sony, Dell, and Frigidaire. Aaron's operates primarily through two business segments: its core leasing and sales operations and its manufacturing division, which produces bedding and upholstered furniture. The company's lease-to-own model aims to provide accessible options for consumers, reaching around 40-50% of the U.S. population.

Russell Falkenstein

Executive Vice President, COO, Lease-To-Own

2 past transactions

SEI/Aarons

Acquisition in 2017
SEI/Aaron's, Inc., an Aaron's franchise company, owns and operates a network of stores that sell, rent, and lease furniture, electronics, appliances, and computers. The company was founded in 1995 and is based in Atlanta, Georgia. It has store locations in Kentucky, Indiana, Connecticut, Massachusetts, Rhode Island, New York, Vermont, Maine, and New Hampshire. As of July 28, 2017, SEI/Aaron's, Inc. operates as a subsidiary of Aaron's, Inc.

Progressive Finance

Acquisition in 2014
Progressive Finance is a provider of web-based lease-to-own financing solutions designed for retailers across the United States. The company offers lease purchase options that do not require credit checks, enabling merchants to serve a broader customer base. With a network that includes over 2,000 retailers, Progressive Finance facilitates accessible financing alternatives, allowing consumers to acquire products while making manageable payments.
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