---
title: "Rent-to-Own Franchisor Buddy’s Home Furnishings Purchased by Private Equity Firm"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274839774.md"
description: "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."
datetime: "2026-02-04T15:45:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274839774.md)
  - [en](https://longbridge.com/en/news/274839774.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274839774.md)
---

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

Skyline Investors has purchased **Buddy’s Home Furnishings**, a rent-to-own franchisor of furniture, electronics and appliances with more than **220** locations across **18** states and Guam. Financial details of the acquisition were not disclosed.

“This is an exciting new chapter for Buddy’s,” said Michael Bennett, CEO of Buddy’s 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 its investment alongside affordable housing developer Standard Communities’ Co-founders and Principals Jeffrey Jaeger and Scott Alter, whose expertise complements Buddy’s mission of serving families across the U.S. Jaeger and Alter bring deep experience in capital formation, balance sheet management and strategic growth to the partnership with Skyline, helping ensure Buddy’s is well-capitalized and positioned to invest meaningfully in growth, innovation and long-term value creation.

For its part, Skyline is focused on supporting franchise health and operational improvements with a long-term collaborative approach that builds on its experience investing in rent-to-own businesses, including **Majik Rent-to-Own**.

“Buddy’s represents exactly the type of platform opportunity we’re built to support,” said Kevin Tom, Founder and Managing Partner at Skyline Investors in a statement. “With Buddy’s proven brand and strong franchise network, there’s a clear runway for growth.”

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