B. Riley Financial Assists Vintage Capital in Announced Acquisition of Rent-A-Center

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B. Riley Financial Assists Vintage Capital in Announced Acquisition of Rent-A-Center

B. Riley Financial Assists Vintage Capital in Announced Acquisition of Rent-A-Center

  • B. Riley Financial to provide debt and equity commitments in support of the transaction which is valued at approximately $1.365 billion
  • B. Riley to partner with Vintage Capital as an investor in the acquisition vehicle

B. Riley Financial, Inc. (NASDAQ:RILY), a diversified provider of financial and business advisory services, today announced it has agreed to provide financial support to Vintage Capital Management, LLC (“Vintage Capital”) in its affiliate’s acquisition of Rent-A-Center, Inc. (NASDAQ:RCII). Vintage Capital has agreed to pay $15.00 per share in cash for each common share of Rent-A-Center, which including the assumption of net debt, represents a total transaction value of approximately $1.365 billion.

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