June, 2024. Peakstone served as exclusive financial advisor to Blue Ocean Partners, LLC (“Blue Ocean” or the “Company”) in connection with Blue Ocean’s acquisition of Majik Rent-To Own’s thirteen store locations. This event marks Blue Ocean’s fourth acquisition as the Company continues to execute its growth strategy.

Blue Ocean, based in Mountville, Pennsylvania, is a premier Rent-to-Own platform with a highly experienced management team with over 40 years of combined industry experience. The Company is actively seeking additional acquisitions in the Rent-to-Own sector.

Skyline Partners, LLC and Farragut Capital Partners, LLC provided debt and equity to support the transaction.

Blue Ocean CEO, William Short, said, “Peakstone’s unwavering commitment and perseverance throughout the process ensured that we found the ideal capital providers to support our strategy of pursuing additional acquisitions and new store growth. Our partnership with Skyline and Farragut provides Blue Ocean with substantial additional resources as we continue to expand our platform.”

Terms of the transaction were not disclosed.

For additional information please contact:

Eric Dziedzic, Managing Director, eric@peakstone.com

Michael Dobin, Analyst, mdobin@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com. To receive investment and proprietary acquisition opportunities, please register at www.peakzone.com.