Rent-to-Own Franchisor Buddy’s Home Furnishings Purchased by Private Equity Firm

Skyline Investors has acquired Buddy’s Home Furnishings, a rent-to-own franchisor with over 220 locations. The financial details of the deal remain undisclosed. CEO Michael Bennett expressed enthusiasm for the partnership, highlighting Skyline's collaborative approach and commitment to franchisee success. The investment is structured with Standard Communities' co-founders, who bring expertise in capital management and strategic growth. Skyline aims to enhance franchise health and operational improvements, leveraging its experience in the rent-to-own sector. Kevin Tom, Skyline's Founder, noted Buddy’s strong brand and franchise network as key growth opportunities.