Rent-A-Center Acquires Acima For Virtual Lease-To-Own Platform
PYMNTS
DECEMBER 21, 2020
Founded in 2013 in Salt Lake City, Utah, Acima operates in over 15,000 retail partner locations and eCommerce platforms. About $225 million in adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is expected for 2020. . The transaction is expected to close in the first half of 2021. .
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