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Rent-A-Center
Mitchell Fadel (left) and Fahmi Karam [Photos: Upbound Group]
North Texas Rent-A-Center Parent Upbound Group Announces CEO Transition
by Lance Murray | Feb 20, 2025
After 40 years with Upbound, Mitch Fadel has decided to retire as CEO and step down from the board. EVP and CFO Fahmi Karam is succeeding him; a search for a new CFO is underway.
by Lance Murray |
Dec 16, 2024
Upbound—parent company of Rent-A-Center and Acima—called the deal "a logical next step" reflecting its strategic focus on expanding its tech-driven financial solutions for consumers who are underserved by the traditional financial system.
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by Lance Murray |
Apr 12, 2024
Molly Langenstein has been appointed as an independent director to the board of directors of Plano-based Upbound Group Inc., a provider of technology-driven, flexible leasing solutions for consumers through its operating brands that include Rent-A-Center and Acima....
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by Lance Murray |
Jul 24, 2023
Rent-A-Center Inc., the Plano-based rent-to-own company, is introducing an innovative strategy as part of its 50th-anniversary celebration. A 50-day campaign called “50 Days, 50 Drops,” aims to expand its brand by offering luxury products for rent from brands never-before-seen at RAC....
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Rent-A-Center’s FinTech Arm Acima Releases Digital Platform
by David Seeley | Aug 4, 2021
Acima, the virtual lease-to-own (LTO) fintech arm of Plano-based Rent-A-Center, has released a “game changing” digital platform to help remove transaction barriers between underserved customers and retailers.
The new Acima mobile app puts Acima’s entire LTO network in a consumer’s hands via their handheld device.
The Acima Marketplace is an online shopping platform that connects shoppers to a long list of retailers....
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by Sandra Engelland |
Nov 6, 2020
Dallas CIO of the Year finalists were tapped for excellence in technology leadership in seven categories: corporate, public sector, healthcare, enterprise, large enterprise, global, and super global. A virtual event will be held on February 26.
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DI People: Jacobs, Caris Life Sciences, Infogroup, and One Network Enterprises Make Leadership Moves
by Lance Murray |
Feb 11, 2020
In this weekly roundup of leadership and executive moves by companies and organizations in North Texas, you’ll also find news from AspireHR, Rent-A-Center, Jones|Carter, and Kane Russell Coleman Logan.
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by Lance Murray |
Sep 5, 2019
In this weekly roundup of funding, merger, and acquisition activity involving companies in North Texas, you’ll also find news from ACIS, TPG, HM Capital, and Fleco Industries.
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[Illustration: Antiv3D via iStock]
Follow the Money: OncoNano Series A Funding Reaches $35.4M; ECi Acquires UK Software Reseller
by Lance Murray | Jul 18, 2019
You’ll find news about more than $6.4B in deals. Trive Capital, Cresco Capital Partners, Prologis, WatchGuard, Rent-A-Center, Comstock Resources, Covey Park Energy, Interstate Restoration, and Temperature Control Systems also are included in this roundup of funding, merger, and acquisition activity in North Texas.
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by Lance Murray |
Jun 21, 2018
From a points and benefits platform, to real estate funds, and rent-to-own company, here's a look at recent funding and acquisitions involving companies and firms with North Texas ties.
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