Apr. 20 at 4:37 PM
$KPLT My basis is off these facts.
The Aaron's Company, a major lease-to-own retailer, was acquired by fintech firm IQVentures Holdings on October 3, 2024, in a deal valued at approximately
$504 million. This acquisition took the company private, delisting it from the NYSE to accelerate its omnichannel strategy and improve operational efficiency.
Aarons alone has a mcap 20x katapults right now.
Bringing Aaron’s back public, CCFI (with all its brands like TitleMax, Speedy cash etc) is probably 3x this size of Aaron’s. Adding Katapult gets their immediate customer base into major retailers for more BNPL business.