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Atlantic Capital Client SEI Aaron's Opens 100th Franchise Store

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Pictured (from left to right): Ray Simmons, CFO of SEI Aaron’s,
Charles Smithgall, Chairman and CEO of SEI Aaron’s, Maura McKenna,
Senior Vice President at Atlantic Capital Bank, Ron Allen, Chairman and CEO of Aaron’s, Inc.

On December 14, 2012, Atlantic Capital Bank client SEI Aaron’s, a lease-to-own retailer specializing in the sales and lease ownership of residential furniture, consumer electronics, and home appliances, opened its 100th retail store in Concord, New Hampshire. On the very same day, the leadership team traveled to Hamburg, NY, where they opened the 101st store.

Atlantic Capital corporate banker Maura McKenna attended the official ribbon-cutting in Concord, along with Charles Smithgall, Chairman and CEO of SEI Aaron’s, Ray Simmons, CFO of SEI Aaron’s, and Ron Allen, President and CEO of Aaron’s, Inc. "I have been privileged to work with the SEI team for many years,” said McKenna. “ The 100th store opening in Concord is the result of extreme dedication on the part of every SEI team member as well as a "spirit for success" that SEI's leadership has built within the company. Atlantic Capital is proud to have SEI as a client and to be part of this tremendous milestone."

SEI Aaron’s is the leading franchise company of Aaron’s, Inc., headquartered in Atlanta, GA. SEI Aaron’s was established in 1995 by Charles Smithgall and since that time has experienced tremendous success opening Aaron’s locations in the Northeast and the Midwest. More than 900 associates have found employment as a result of SEI/Aaron’s growth, and more than $300,000 has been donated to local organizations on behalf of Aaron’s Community Outreach Program (ACORP).

“We owe this achievement to a combination of nearly two decades of hard work, a staff of dedicated associates, a loyal customer base and Aaron’s infallible business model,” said Smithgall. “We look forward to applying this winning formula in Concord and hopefully 100 more stores across the nation in the years to follow.”

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December 14, 2012