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Rent-A-Center Closes Acquisition of Acima Holdings – Consumer Electronics Net


1 month ago
Integrating Acima’s capabilities creates premier fintech platform across traditional and virtual lease-to-own segments
PLANO, Texas–(BUSINESS WIRE)–Rent-A-Center, Inc. (the “Company” or “Rent-A-Center”) (NASDAQ: RCII) today announced the completion of its previously announced acquisition of Acima Holdings.
Combining Acima’s capabilities with Rent-A-Center’s Preferred Dynamix platform provides retailers and consumers an expanding set of innovative fintech solutions for frictionless lease-to-own (LTO) transactions. The combined company will allow consumers to enjoy the benefits of the Company’s flexible LTO solutions across e-commerce, digital, and mobile channels. The combined business will be led by Preferred Dynamix Executive Vice President Jason Hogg. ....

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