RV Dealer Camping World Makes Largest Acquisition In Its History


  • Camping World Holdings Inc (NYSE: CWH) has agreed to acquire Richardson’s RV Centers in California. The financial terms of the deal were not disclosed.

  • The agreement includes eight locations in California and Indiana, five current dealership locations, one future dealership location, and two parts and service centers.

  • The California locations will transition to the Camping World brand, bringing the company’s count to 12 RV dealerships and five parts and service centers in the state.

  • “The Richardson’s top-notch management along with their solid team members are the primary reason we sought this deal,” said Chairman and CEO Marcus Lemonis.

  • Camping World held $139.5 million in cash and equivalents as of March 31, 2022.

  • Price Action: CWH shares closed lower by 3.52% at $26.06 on Friday.

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