Aaron’s, Inc. | Stephens

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What We Do

We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.

About Us

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The Stephens Story

The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.

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We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.

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We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.

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Financial Advisor

Aaron’s, Inc.

$140 Million 07/28/2017 Specialty Finance Complete
Public Companies
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Transaction Details

  • On July 28, 2017, Aaron’s, Inc. (NYSE: AAN) announced the acquisition of substantially all of the assets of its largest franchisee, SEI/Aaron’s Inc., in an all-cash transaction
  • SEI was founded in 1995 and currently serves more than 90,000 customers through 104 Aaron's stores in 11 states, primarily in the Northeast
  • The acquisition of SEI will significantly strengthen Aaron’s presence in highly attractive markets
  • The transaction is expected to realize meaningful supply-chain inventory synergies and add experienced management talent to Aaron’s Inc.
  • Stephens Inc. served as exclusive financial advisor in the transaction

About the company

Headquartered in Atlanta, Aaron's, Inc. (NYSE: AAN), is a leading omnichannel provider of lease-purchase solutions. The Aaron's Business engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories through its more than 1,770 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com. In addition, Progressive Leasing, a virtual lease-to-own company, provides lease-purchase solutions through approximately 24,000 retail locations in 46 states. Dent-A-Med, Inc., d/b/a the HELPcard®, provides a variety of second-look credit products that are originated through federally insured banks. For more information, visit investor.aarons.com, Aarons.com, ProgLeasing.com, and HELPcard.com.

Source: Transaction Press Release.
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