Rent-A-Center is one of the largest rent-to-own operators in the United States operating approximately 2,600+ company-owned retail stores spanning across the US, Mexico and Puerto Rico. In 1995, RAC, then known as Renters Choice, went public on the NASDAQ stock market under the symbol “RCII.” Its corporate headquarters are located in Plano, Texas with the company employing more than 20,000 people. Rent a Center stores offer high-quality durable goods such as major name brand consumer electronics, appliances, computers, and furniture and other home accessories under flexible rental purchase agreements that allow customers to obtain ownership of the merchandise at the conclusion of an agreed upon rental period.
Impact Properties with its acquisition of 76 existing corporate retail locations from Rent a Center, became the largest franchisee in the system in 2015. These locations are spread across the Southeastern US within the states of Florida, Georgia, North Carolina, South Carolina, Tennessee, Alabama, Arkansas, and Mississippi. In the coming years Impact will look to continue to grow its presence in the rent to own industry.
Equity Investment by Impact:
Crash Champions is a leading independent collision repair company operating more than 180 state-of-the-art centers across 19 states – including: California, Colorado, Florida, Idaho, Illinois, Iowa, Kansas, Maryland, Missouri, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, North Carolina, Pennsylvania, Ohio, Washington, Wisconsin – and Washington, DC. Founded in 1999 as a single shop outside Chicago by industry veteran and entrepreneur Matt Ebert, today Crash Champions is a top national brand and one of the fastest growing collision repair companies in America.