The Aaron'S Company To Acquire Brandsmart U.S.A., A Leading Regional Appliance And Electronics Retailer
Acquiring Company
The Aaron's Company
Acquired Company
BrandsMart USA
Description
The Aaron's Company, Inc. ("Aaron's") (NYSE: AAN), a leading technology-enabled, omnichannel provider of lease-to-own and purchase solutions, today announced that it has entered into a definitive agreement to acquire BrandsMart U.S.A. ("BrandsMart"). Under the terms of the agreement, total consideration is approximately $230 million in cash, subject to certain closing adjustments, and the transaction is expected to close in the second quarter of 2022. With this transaction, we believe that Aaron's will deliver over $3 billion in total annual revenues and over $300 million in adjusted EBITDA by year-end 2026.
Quick answer
The Aaron's Company is acquiring BrandsMart USA, announced February 24, 2022.
- How much did The Aaron's Company pay for BrandsMart USA?
- The deal value was not disclosed.
- What does The Aaron's Company do?
- Headquartered in Atlanta, The Aaron's Company, Inc. (NYSE: AAN) is a leading omnichannel provider of lease-to-own and purchase solutions.
Source: Fundz verified event record.
Other recent acquisitions in Commerce and Shopping and Commerce And Shopping
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Iclick Announces To Fully Acquire Changyi (March 14, 2022)
- Vestiaire Collective Announces The Acquisition Of Tradesy, The Us Pioneer In The Fashion Resale Industry, To Accelerate Circularity In The Global Luxury Fashion Market (March 15, 2022)
- Lumithera, Inc. Announces Completion Of Diopsys, Inc. Acquisition (March 3, 2022)
- Apartment List Acquires Next-Gen Ai Virtual Leasing Assistant (April 4, 2022)
- Klarna Completes Acquisition Of Pricerunner (April 4, 2022)
- Alphawave Ip Announces Definitive Agreement To Acquire Entire Openfive Business Unit From Sifive For Us$210M In Cash, $210M (March 14, 2022)
Who to call at The Aaron's Company, and when
When The Aaron's Company changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day The Aaron's Company raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at The Aaron's Company, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at The Aaron's Company. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment The Aaron's Company makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Frequently asked
Who acquired BrandsMart USA?
BrandsMart USA was acquired by The Aaron's Company. The deal was reported on February 24, 2022. Headquartered in Atlanta, The Aaron's Company, Inc. (NYSE: AAN) is a leading omnichannel provider of lease-to-own and purchase solutions. The Aaron's Company is privately held and operates in Commerce and Shopping.
When did The Aaron's Company acquire BrandsMart USA?
The Aaron's Company's acquisition of BrandsMart USA was reported on February 24, 2022. The Aaron's Company, Inc. ("Aaron's") (NYSE: AAN), a leading technology-enabled, omnichannel provider of lease-to-own and purchase solutions, today announced that it has entered into a definitive agreement to acquire BrandsMart U.S.A. ("BrandsMart"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does BrandsMart USA do?
Headquartered in Fort Lauderdale, BrandsMart U.S.A. It is privately held, operating in Hardware.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.