Private equity firm Skyline Investors has acquired rent-to-own franchisor Buddy’s Home Furnishings in a deal that signals continued investor confidence in franchise-based retail models, according to a report from Retail TouchPoints. The transaction, announced Feb. 4, brings new ownership to a system of more than 220 locations across 18 states and Guam, positioning Buddy’s for its next phase of growth within the franchising sector.
Financial terms of the deal were not disclosed, but the acquisition reflects a broader trend of private equity firms targeting established franchise brands with recurring revenue and strong unit-level performance. For Buddy’s, which specializes in furniture, electronics and appliances, the partnership is intended to strengthen its operational platform and expand long-term opportunities for franchisees.
“This is an exciting new chapter for Buddy’s,” CEO Michael Bennett said in a statement. “Skyline brings a collaborative mindset that our franchisees and customers will feel immediately. We’re not just changing ownership; we’re gaining committed partners who understand our business, value our franchise network and are ready to invest in our collective success.”
Skyline structured the investment alongside Jeffrey Jaeger and Scott Alter, co-founders and principals of affordable housing developer Standard Communities. Their involvement adds financial and strategic expertise aimed at supporting capital formation, balance sheet management and disciplined expansion.
For franchise operators, the deal offers potential benefits in the form of increased corporate resources, enhanced systems and renewed investment in technology and infrastructure. Private equity-backed franchisors often prioritize scalability, data-driven decision-making and operational consistency, all of which can influence franchisee performance and long-term brand stability.
Skyline brings prior experience in the rent-to-own space, including investments in Majik Rent-to-Own, which may help accelerate Buddy’s development efforts and refine its franchise support model. Company leaders say the firm’s approach is centered on partnership rather than short-term returns.
“Buddy’s represents exactly the type of platform opportunity we’re built to support,” Kevin Tom, founder and managing partner at Skyline Investors, said in a statement. “With Buddy’s proven brand and strong franchise network, there’s a clear runway for growth.”
As private equity continues to expand its footprint in franchising, deals like this highlight the sector’s appeal to institutional investors. For Buddy’s franchisees, the acquisition marks a transition that could shape everything from marketing strategies to multi-unit development in the years ahead, reinforcing the brand’s position in the competitive rent-to-own marketplace.
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