Arona Corporation Acquires House of Television Rentals from Praesidian Capital

February 1, 2022

Praesidian Capital has exited its investment in House of Television Rentals, Inc. (HOTV) through a sale of the company to Arona Corporation. HOTV, a rent-to-own retailer headquartered in Jamestown, New York, operates stores across Western New York and Northwestern Pennsylvania and will join Arona's rent-to-own platform.

Buyers
Arona Corporation (Arona Home Essentials / Arona Rents)
Targets
House of Television Rentals, Inc.
Sellers
Praesidian Capital
Industry
Retail
Location
New York, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.