Association of Progressive Rental Organizations

BrandsMart Joins Aaron’s Family

The Aaron’s Company Inc. recently announced it has entered into a definite agreement to acquire BrandsMart U.S.A., a leading appliance and consumer electronics retailer operating in the southeast part of the country. The $230-million deal – which will add BrandsMart’s ten Florida- and Georgia-based stores, along with its growing e-commerce presence, to the Aaron’s family of companies – is expected to finalize in the second quarter of this year.

“We’re thrilled to welcome BrandsMart to the Aaron’s family,” said Aaron’s CEO Doug Lindsay. “We believe this agreement will strengthen Aaron’s ability to deliver on our mission of enhancing people’s lives by providing easy access to high-quality products through affordable lease and retail purchase options.”

“We’re excited about the opportunity to open new BrandsMart stores in adjacent geographies,” agreed Aaron’s General Counsel Rachel George, “And to leverage the combined strengths of both companies to offer a wide variety of BrandsMart’s product assortment to Aaron’s customers, while creating a new in-house lease-to-own solution to offer to BrandsMart customers.”

Aaron’s and BrandsMart’s new combined entity – with 11,000 employees, and the capability to serve the full spectrum of prime and sub-prime customers – is expected to produce annual revenues over $2.5 billion.

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Mike Tissot

Countryside Rentals Inc., dba Rent-2-Own

Mike grew up in the rent-to-own industry under the guidance of his father, former APRO President and RTO legend Darrell Tissot. For nearly 25 years, Mike’s innovative leadership has helped expand the family business to more than 40 stores across Ohio and Kentucky while also shaping the industry as a whole.

He has served as President of the Ohio Rental Dealers Association, an APRO board member and Treasurer, and President and Treasurer of the TRIB Group. His contributions have earned him the APRO President’s Award of Excellence and the title of APRO Rental Dealer of the Year.

Outside of RTO, Mike enjoys time at the lake house or in Orange Beach, Alabama, with his girlfriend, Angela Strong McCool. A passionate Cincinnati Reds fan, he rarely misses a game, whether watching or listening alongside his parents. He also takes every opportunity to visit Arizona, where his daughter is currently attending Arizona State University.