Announced
Completed
Financials
Tags
Specialty Retailers
Single Bidder
Domestic
Majority
United States
Acquisition
Private
Friendly
electronic retailer
Completed
Synopsis
Aaron's, an American lease-to-own retailer, completed the acquisition of BrandsMart USA, an electronics retailer, for $300m. "I am proud to share the momentous news that BrandsMart is joining the Aaron's family of companies. BrandsMart has been part of my family for over 45 years, and I am incredibly proud of our team and the success of the company we have built together. I am confident that the combined organization will benefit from our complementary strengths and will deliver growth opportunities and even greater value to our customers, employees and suppliers," Michael Perlman, BrandsMart President and CEO.
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