StockWatch
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Diversified Commercial Services
MergerAug 11, 2026, 08:53 AM

Katapult Completes Merger with Aaron's & CCFI; $4B Pro Forma Revenue

AI Summary

Katapult Holdings, Inc. announced the completion of its previously announced all-stock merger with The Aaron’s Company, Inc. and CCF Holdings LLC. The combined entity will operate as Katapult Holdings, Inc., continuing to trade on NASDAQ under "KPLT," and will serve nonprime consumers with a comprehensive suite of financial solutions. The combined company generated over $4 billion in 2025 pro forma revenue and more than $460 million in 2025 pro forma adjusted EBITDA, leveraging a scaled omnichannel platform and extensive proprietary data.

Key Highlights

  • Katapult Holdings completed its all-stock merger with The Aaron's Company, Inc. and CCF Holdings LLC.
  • The combined company generated over $4 billion in 2025 pro forma revenue.
  • The combined company generated over $460 million in 2025 pro forma adjusted EBITDA.
  • Aaron's, CCFI, and Katapult stockholders will own approximately 14%, 80%, and 6% respectively.
  • The combined company will operate through two segments: Lease-to-Own & Retail, and Consumer Finance.
  • Q3 2026 financial results will reflect the merger impact starting August 11, 2026.