The Online Investor
Home Furnishing Stores M&A image Home Furnishing Stores M&A » By The Online Investor Staff, updated Sat., Sep. 19, 5:00 AM Recent mergers and acquisitions in the Home Furnishing Stores M&A category.

Slide #1. Aaron's, Inc. Progressive Finance Holdings, LLC

Acquirer: Aaron's, Inc. (NYSE:AAN)
Acquiree: Progressive Finance Holdings, LLC
Details: Aaron's, Inc. (NYSE:AAN) the leading lease-to-own specialty retailer that offers flexible payment options for credit-challenged individuals, today announced that it has acquired Progressive Finance Holdings, LLC ("Progressive"), a merchandise lease-to-own company from Summit Partners, in an all-cash transaction valued at approximately $700 million. Aaron's expects the transaction to be double digit accretive to cash earnings per share in 2014 and significantly more accretive in 2015.

Aaron's is a provider of lease-purchase solutions. Co. primarily provides consumers with lease-purchase solutions for the products they need and want including furniture, appliances, electronics, jewelry and other products. Co. conducts its business through three operating segments: Progressive Leasing, a virtual lease-to-own company that provides lease-purchase solutions; Aaron's Business, which engages in the sales and lease ownership and retailing of furniture, home appliances, consumer electronics and accessories through its stores in several states, Canada and Puerto Rico, as well as its e-commerce platform,; and Dent-A-Med, Inc., which provides a variety of credit products.

AAN SEC Filing Email Alerts Service

Open the AAN Page at The Online Investor »

Company Name: 
Aaron's Inc
Stock buyback: 
AAN buyback
Home Furnishing Stores
Number of ETFs Holding AAN: 
Total Market Value Held by ETFs: 
Total Market Capitalization: 
% of Market Cap. Held by ETFs: 

Open the AAN Page at The Online Investor (in a new window) »

List of Home Furnishing Stores Mergers & Acquisitions in this Slideshow:

Acquirer: Leon's Furniture Limited (LNF.CA)
Acquiree: The Brick Ltd. (BRK.CA)
Merger/Acquisition details: details »

Acquirer: Rent-A-Wheel /Rent-A-Tire
Acquiree: Aaron's RIMCO Stores (AAN)
Merger/Acquisition details: details »

Acquirer: Aaron's, Inc. (AAN)
Acquiree: Progressive Finance Holdings, LLC
Merger/Acquisition details: details »

Quotes delayed 20 minutes

Strong Buy (3.56 out of 4)
66th percentile
(ranked higher than approx. 66% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Home Furnishing Stores M&A Page |

Copyright © 1998 - 2020, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.