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 40 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.
CARSTAR Auto Body Repair Experts, a part of Driven Brands, is North America’s largest multi-shop operator network of independently owned and operated collision repair facilities with more than 430 locations in 31 states and 10 Canadian provinces. CARSTAR stores deliver national scale, consistently high-quality vehicle repairs and the industry’s highest customer satisfaction ratings. Most repairs are backed by a limited five-year nationwide warranty. CARSTAR was named the No. 1 largest MSO in North America by The Romans Group and ranked 106th on Franchise Times® annual Top 200™ ranking of the largest franchise systems in North America.
Impact signed an agreement with CARSTAR in 2016 to develop the Tampa metro market in the largest development deal signed by the CARSTAR brand in its history. This development deal will deliver over 15 collision repair centers to the market over the course of the next few years.