Aaron’s, Inc. | Stephens

Who We Are

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

We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.

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.


Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.

Impact Initiatives

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

Our Brand Ambassadors

Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.

Making Connections

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.

$55 Million 10/15/2015 Specialty Finance Complete
Public Companies
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Transaction Details

  • On October 15, 2015, Aaron's, Inc. (NYSE: AAN, "Aaron's") closed the acquisition of all of the outstanding stock of Dent-A-Med, Inc. d/b/a The HELPcard® ("The HELPcard") from Harbert Private Equity Fund II, LLC, an affiliate of Harbert Management Corporation, and its other shareholders for approximately $55 million in cash and the assumption of $45 million in debt
  • The HELPcard is a leader in the second look sales financing marketplace serving more than 700 merchant partners in over 1,400 locations
  • Stephens Inc. served as sole financial advisor to Aaron's, Inc.

About the company

Aaron’s Overview
Aaron's, a leader in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances and accessories, has more than 2,000 Company-operated and franchised stores in 48 states, the District of Columbia, and Canada. Aaron's was founded in 1955, is headquartered in Atlanta, and has been publicly traded since 1982. Progressive, a leading virtual lease-to-own company, provides lease-purchase solutions through more than 16,000 retail locations in 46 states. For more information, visit www.aarons.com.

The HELPcard Overview
The HELPcard, founded in 1983, offers second look sales finance programs for non-prime customers. It currently serves more than 700 merchant partners in over 1,400 locations. Its open-ended financing programs have simple terms that are competitive with prime credit programs. For more information, visit www.helpcard.com.

Sources: Company filings and publicly available information.
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