Retail Acquisitions in Georgia

IQVentures Holdings, LLC has completed a take-private acquisition of The Aaron's Company, Inc. for approximately $504 million, paying $10.10 per share in cash. The transaction is supported by a $120 million senior secured revolving credit facility arranged by Second Avenue Capital Partners and Pathlight Capital to help finance the acquisition and position Aaron's to accelerate its omni-channel strategy and operational transformation.

Super-Sod, a vertically-integrated turfgrass and compost company headquartered in Charleston, South Carolina, acquired All Green Outdoor Center in North Georgia (closing announced November 1, 2023). The purchase expands Super-Sod’s retail footprint in North Georgia and enables the company to offer its full product line — including Bermuda, Tall Fescue and Zoysia sod, Soil3 compost and expanded stone/hardscape inventory — to local landscapers and homeowners.

Pure Hockey has acquired Roswell-based North Georgia Hockey, marking the retailer's first entry into the Georgia/Atlanta market. The acquisition expands Pure Hockey's nationwide brick-and-mortar footprint—bringing its store count to more than 70 locations across 23 states—and integrates North Georgia Hockey's local customer base and team into Pure Hockey's retail network.

Polyconcept (parent of Polyconcept North America) has acquired Spoke Custom Products, a Norcross, Georgia–based print-on-demand and fulfillment provider with an additional facility in Mesa, Arizona. Polyconcept said the acquisition will expand its print-on-demand capabilities and leverage its product development, sourcing and supply-chain strengths to grow in the fast-growing print-on-demand channel.

JPB Partners has acquired The Helpful Hardware Company, an Ace Hardware franchisee operating eight stores across the Southeast, with subordinated debt and equity provided by Tecum Capital Partners to support the transaction. Darin Workman will remain CEO and retain a minority stake; financial terms were not disclosed and the former owner was The Capstan Fund.

An affiliate of Ares Management together with Freeman Spogli & Co. agreed to purchase Floor and Decor Outlets of America from an investor group that included Najeti Ventures, Saugatuck Capital Company and TWJ Capital. The Atlanta-headquartered flooring retailer operates roughly 25 warehouse-style stores across 15 U.S. metro markets and sells to homeowners and professional contractors via stores and its website.