With the close of the merger transactions, Aaron’s and CCFI, together with Katapult’s operating business, are wholly owned indirect subsidiaries of Katapult Holdings. The combination brings together a comprehensive suite of financial solutions, including lease-to-own and other alternative consumer finance products, tailored to the needs of nonprime consumers. The combined company will operate as Katapult Holdings, Inc. and its common stock will continue to trade on the NASDAQ under the symbol “KPLT.” The combined company will continue to operate through its established Aaron’s, CCFI and Katapult brands. Katapult Holdings is headquartered in Atlanta, Georgia. 

A press release announcing the transaction can be found  here. 

The King & Spalding M&A and Capital Markets team advising Aaron’s on the transaction includes Cal Smith, Rob Leclerc, Billy Padula, George Hwang, Amy Price, Jacob Wright, Zack Davis, Zack Peffer and Nick Markwordt.