Rent-A-Center, Inc.

Rent-A-Center, Inc.

Rent-A-Center, Inc.

Date Founded



5501 Headquarters Drive, Plano, TX, 75024, USA

Type of Company


Employees (Worldwide)



Consumer Services
Consumer Finance
Appliances & Electronics
Retail: Other
Other Business & Consulting Services

Company Description

Rent-A-Center, Inc. engages in the provision of furniture, electronics, appliances, computers, and smartphones through flexible rental purchase agreements that allow the customer to obtain ownership of the merchandise at the conclusion of an agreed upon rental period. It operates through the following segments: Core U.S., Acceptance Now, Mexico, and Franchising. The Core U.S. segment consists of company-owned rent-to-own stores in the United States, Canada and Puerto Rico. The Acceptance Now segment offers an on-site rent-to-own option at a third-party retailer's location. The Mexico segment consists of its company-owned rent-to-own stores in Mexico. The Franchising segment use Rent-A-Center's, ColorTyme's, and RimTyme's trade names, service marks, trademarks and logos, and operate under distinctive operating procedures and standards. The company was founded by Mark E. Speese on September 16, 1986 and is headquartered in Plano, TX.

Contact Data
Trying to get in touch with decision makers at Rent-A-Center, Inc.? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

Director & Chief Executive Officer

Executive Vice President & Chief Financial Officer

Vice President & Interim General Counsel

Chief Marketing Officer & Executive Vice President

Senior Vice President & Chief Information Officer

Senior Vice President & Assistant General Counsel

Vice President-Assistant General Counsel, Risk Management & Safety & Diversity & Inclusion

General Director of RAC Mexico

Executive Vice President-Franchising

Senior Vice President-Operational Services

Board of Directors

Founding Member at Brown Equity Partners LLC

Former Chief Investment Officer & Assistant Treasurer at Xerox Corporation

Director & Chief Executive Officer at Rent-A-Center, Inc.

Member, Director-Research at Engaged Capital LLC

Former Executive Vice President, Chief Executive Officer of Payment Solutions & Chief Commercial Officer at Synchrony Financial

Former Chief Executive Officer at Renovate America, Inc.

Paths to Rent-A-Center, Inc.
Potential Connections via
Relationship Science
Rent-A-Center, Inc.
Owners & Shareholders
Details Hidden

Engaged Capital primarily employs a long, 'constructive activist' strategy to identify attractive investment opportunities over the full cycle of market and economic conditions. The firm primarily seeks investments that can be made at discounts to their estimates of intrinsic value as determined by fundamental analysis and where there are identifiable catalysts for recognition of that value within a defined investment timeframe. In conjunction with the long-focused part of their activist strategy, Engaged Capital often hedges their concentrated long investments. This is typically accomplished through the short sale of a basket of equities that is comprised of companies that the firm believes are under-performing, over-valued companies with similar risks to the long position. Investments span a broad spectrum of industries and geographies, generally focusing on companies with small- to mid-market capitalizations. Investments are generally made in public equities in which Engaged Capital either works with management to effect change or, where management is unwilling to do so, they pursue a shareholder activist strategy.Engaged Capital is an activist firm and is included in the SharkWatch50 as one the 50 most prominent activist investors.

Details Hidden

HRCM primarily uses fundamental methods of security analysis. The firm uses include direct interviews with management, inspections of corporate activities, research materials prepared by others, corporate rating services, annual reports, prospectuses, filings with the SEC, company press releases, financial newspapers and magazines as well as proprietary financial models as their main sources of information. They believe that the smaller-cap market is relatively inefficient. The investment strategies used to implement any investment advice given to clients include long-term purchases and short-term purchases. HRCM's research process begins by screening a universe of stocks with future expected earnings growth and a market cap consistent with the range of market caps of each strategy's respective benchmarks. To uncover companies with dominant competitive positions, positive business and market trends, and solid management teams that are committed to enhancing shareholder value, they make an additional research to the most promising purchase candidates.

Details Hidden

Cloverdale Capital Management LLC is a private company headquartered in Dallas, TX, with a presence in the Cayman Islands. The firm provides investment advice. It was founded in 2014 by Christopher Jonathan Gattman, he has been the CEO since the inception date.

Recent Transactions
Details Hidden

Rent-A-Center, Inc. purchases CC Financial Corp.

Details Hidden

goeasy Ltd. purchases Rent A Center, Inc. /14 Canadian Stores from Rent-A-Center, Inc.

Details Hidden

Rent-A-Center, Inc. purchases The Rental Store, Inc.

Transaction Advisors

Advised onRent-A-Center, Inc. issued Common Stock

Investment Advisor

Advised onRent-A-Center, Inc. purchases Rent-Way, Inc.


Advised onRent-A-Center, Inc. issued Common Stock

Legal Advisor

Advised onRent-A-Center, Inc. purchases Rent-Way, Inc.

Legal Advisor

Advised onRent-A-Center, Inc. purchases Rent-Way, Inc.


Advised onRent-A-Center, Inc. purchases Rent-Way, Inc.

Advisors & Consultants
Legal Advisor

Director at Miller Canfield PLC

Legal Advisor

Partner at Simpson Thacher & Bartlett LLP

Key Stats and Financials As of 2018
Market Capitalization
Total Enterprise Value
Earnings Per Share
Total Debt
Total Equity
Net Profit
Three Year Compounded Annual Growth Rate Of Revenue
Five Year Compounded Annual Growth Rate Of Revenue
Enterprise Value Sales
Enterprise Value EBITDAOperating
TEVNet Income
Debt TEV
Non-Profit Donations & Grants
Political Donations
TIBCO Software, Inc. Internet Software & Services | Palo Alto, California

TIBCO Software, Inc. provides electronic business infrastructure software products. Its products include integration and API management; messaging and event processing; low code application and process management; data visualization; advanced analytics; and data management. It offers consulting, educational, support, customer care, training, and maintenance services. The company was founded by Vivek Y. Ranadivé in 1997 and is headquartered in Palo Alto, CA.

Whirlpool Corp. Appliances & Electronics | Benton Harbor, MI

Whirlpool Corp. is engaged in manufacturing and marketing home appliances. The company's products include home laundry appliances, home refrigerators and freezers, home cooking appliances, home dishwashers, and room air-conditioning equipment, mixers, and portable household appliances. Its brands include Whirlpool, KitchenAid, Maytag, Consul, Brastemp,Amana, Bauknecht, JennAir, and Indesit. The company operates through the following segments: North America; Europe, Middle East & Africa; Latin America; and Asia. Whirlpool was founded by Emory Upton, Fred Upton, and Louis C. Upton in 1898 and is headquartered in Benton Harbor, MI.

LG Electronics, Inc. Appliances & Electronics | Seoul, SL

LG Electronics, Inc. engages in the manufacturing of display devices, home appliances, multimedia goods, electronic parts and develops software. It operates through the following business areas: Home Entertainment, Mobile Communications, Home Appliance, Air-Conditioning, Energy Solution and Independent business area. The Home Entertainment business area provides products such as televisions, monitors, personal computers for IT, Car Infotainment and produces Chemical and Electronic Materials. The Mobile Communications business area offers products such as handsets and tablets. The Home Appliance business area provides products such as refrigerators, washing machines, cooking and cleaning and health care appliances. The Air Conditioning and Energy Solution business area manufactures products such as Light Emitting Diode (LED) lightings, residential and system air conditioners. The Independent business area provides products such as compressors, storage devices, PC, telematics and solar cells. The company was founded by In-Hwoi Koo on Oct 1, 1958 and is headquartered in Seoul, South Korea.

Awards & Honors
Rank #675
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Rent-A-Center, Inc.. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Rent-A-Center, Inc.'s profile does not indicate a business or promotional relationship of any kind between RelSci and Rent-A-Center, Inc..