Vault Equity Capital LLC acquired five-property of Aaron portfolio(NYSE:AAN) for $9.5 million.
January 21, 2024
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Vault Equity Capital LLC acquired five-property of Aaron portfolio(NYSE:AAN) for $9.5 million on December 31, 2023. As part of transaction Wolfe and Alan Lipsky, investment specialists in Marcus & Millichap?s Fort acted as a broker to Aaron's Company.
Vault Equity Capital LLC completed the acquisition of five-property of Aaron portfolio(NYSE:AAN) on December 31, 2023.
The Aaronâs Company, Inc. is a technology-enabled, omnichannel provider of lease-to-own and retail purchase solutions for appliances, electronics, furniture, and other home goods across its brands, including Aaronâs, BrandsMart U.S.A., BrandsMart Leasing, and Woodhaven. The Company offers a direct-to-consumer lease-to-own solution through its approximately 1,240 Company-operated and franchised stores in 47 states and Canada, as well as its own e-commerce platform. BrandsMart U.S.A. is an appliance retailer in the country with about 11 retail stores in Florida and Georgia, as well as its e-commerce platform. BrandsMart Leasing offers lease-to-own solutions to customers of BrandsMart U.S.A. Woodhaven is the Company's furniture manufacturing division. The Companyâs business segment consists of Aaron's branded Company-operated and franchise-operated stores; aarons.com e-commerce platform (aarons.com); Woodhaven; and BrandsMart Leasing (collectively Aaronâs Business).
THE AARON'S COMPANY, INC. 
