Franchise Group acquisitions, on the record

Word for word“On January 25, 2021, we entered into a definitive agreement to acquire Pet Supplies Plus (“PSP”), a leading omnichannel retail chain and franchisor of pet supplies and services, in an all cash transaction valued at approximately $700.0 million from affiliates of Sentinel Capital Partners (the "PSP Acquisition").” 10-K for 2020

Word for word“On December 27, 2020, we completed the acquisition of Furniture Factory Ultimate Holding, L.P. (“FFO”), a regional retailer of furniture and mattresses, for an all cash purchase price of $13.8 million (the "FFO Acquisition").” 10-K for 2020

Word for word“On February 21, 2021, we entered into a definitive agreement with NextPoint Acquisition Corp., a special purpose acquisition corporation incorporated under the laws of the Province of British Columbia ("Purchaser") to sell our Liberty Tax segment for a total preliminary purchase price of at least $243.0 million, consisting of approximately $182.0 million in cash and an equity interest in the Purchaser worth an estimated $61 million at the time of signing.” 10-K for 2020

Word for word“On February 14, 2020, we completed our acquisition of American Freight (the "American Freight Acquisition").” 10-K for 2020

Word for word“On December 16, 2019, we completed our acquisition of The Vitamin Shoppe (the "Vitamin Shoppe Acquisition").” 10-K for 2020

Word for word“On October 23, 2019, we completed the acquisition of the Sears Outlet business (“Sears Outlet”) from Sears Hometown and Outlet Stores, Inc. (the “Sears Outlet Acquisition”).” 10-K for 2020

Word for word“On September 30, 2019, we acquired 21 Buddy’s stores from a series of franchisees of Buddy’s New Holdco, a wholly-owned direct subsidiary of the Company.” 10-K for 2020

Word for word“On August 23, 2019, we acquired 41 Buddy’s Home Furnishing stores from A-Team Leasing LLC. (“A-Team”), a franchisee of our Buddy’s segment, for total consideration of $26.6 million.” 10-K for 2020

Word for word“As of the Buddy’s Acquisition Date, on an as-converted basis, the Buddy's Members' aggregate ownership of New Holdco units and share of Preferred Stock represented approximately 36.44% of our outstanding common stock, which implied an enterprise value of Buddy's of approximately $122 million and an equity value of $12.00 per share of our common stock.” 10-K for 2020

Word for word“On July 2, 2021, we completed the transaction and received total consideration of approximately $ 255.3 million.” 10-K for 2021

Word for word“On December 27, 2020, we completed our acquisition of Furniture Factory Outlet ("FFO Home").” 10-K for 2021

Word for word“On March 10, 2021, we completed our acquisition of PSP Midco, LLC ("Pet Supplies Plus").” 10-K for 2021

Word for word“On September 27, 2021, we completed our acquisition of Sylvan.” 10-K for 2021

Word for word“On November 22, 2021, we completed our acquisition of Badcock.” 10-K for 2021

Word for word“On October 23, 2019, we completed the acquisition of the Sears Outlet business ("Sears Outlet") from Sears Hometown and Outlet Stores, Inc. (the "Sears Outlet Acquisition").” 10-K for 2021

Word for word“Discontinued Operations As disclosed above, on February 21, 2021, we entered into the Purchase Agreement with NextPoint to sell our Liberty Tax business.” 10-K for 2021

Word for word“On March 10, 2021, the Company completed its acquisition of Pet Supplies Plus for an aggregate purchase price of $ 451.3 million.” 10-K for 2022

Word for word“On September 27, 2021, the Company completed its acquisition of Sylvan Learning (“Sylvan”) for an aggregate purchase price of $ 82.9 million.” 10-K for 2022

Word for word“On November 22, 2021, the Company completed its acquisition of Badcock Home Furniture & more (“Badcock”) for an aggregate purchase price of $ 548.8 million .” 10-K for 2022

Word for word“On July 2, 2021, the Company completed the sale of its Liberty Tax business to NextPoint Acquisition Corp. (“NextPoint”), as described in “Note 3 - D” 10-K for 2022