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In 1982 Atlantic American Corp., an insurance holding company, acquired 38.6 percent of Rhodes's stock.
Yet when it sold, the price tag was far lower than it had been in 1987: Heilig-Meyers agreed to buy Rhodes for $65 million, offering to swap one of its shares for every two of Rhodes's.
Within five months of the announced buyout, in late April of 1988, Atlantic American had found a purchaser for Rhodes.
With its competitor Haverty "going upscale" according to a March 7, 1995 Journal and Constitution article, Rhodes began its counterattack by conducting an extensive marketing research effort, with interviews of 3,100 customers in nine cities.
By April 1996 Rhodes had grown far beyond Atlanta.
By 1996, with its acquisition of several smaller chains in various parts of the country, it held fourth place among United States furniture stores.
In late 1997, however, the company's employees began making the move north to Richmond.
A.G. Rhodes Ranked Best Nursing Home by Newsweek, A.G. Rhodes Wesley Woods has been recognized as the number one nursing home in Georgia on Newsweek’s Best Nursing Homes 2022 list.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Atlanta Association for Convalescent Aged Persons Inc | 1947 | $50.0M | 219 | - |
| Fahrney-Keedy | 1905 | $50.0M | 155 | 10 |
| Willow Gardens Care Ctr | -1975 | $3.3M | 62 | 6 |
| Berkshire Place | 1890 | $2.6M | 6 | - |
| Teresian House Center for the Elderly | 1970 | $13.0M | 350 | 9 |
| Crystal Lake Healthcare & Rehabilitation, Inc. | 1974 | $790,000 | 6 | - |
| Beth Sholom Village | 1997 | $50.0M | 280 | - |
| Mary Wade | 1866 | $8.5M | 120 | 5 |
| Bartley Healthcare | 1986 | $17.6M | 75 | 49 |
| Orlando Lutheran Towers | 1975 | $50.0M | 66 | - |
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A.G. Rhodes may also be known as or be related to A G Rhodes Home - Cobb and A.G. Rhodes.