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Lincolnshire,
IL – October 2023 / NewsmakerAlert: Camping
World Holdings, Inc. (NYSE: CWH) (“Camping World”), America’s Recreation
Dealer, announces that it is set to acquire Travelcamp
RV. The transaction would add 12 locations across Florida, Georgia,
North Carolina, South Carolina, and Texas. The acquired locations are expected
to close and transition to Camping World over the next 90 days.
Marcus
Lemonis, Chairman and CEO of Camping World commented, “This acquisition
establishes our presence in new markets and strengthens our position in
existing markets. We were attracted to Travelcamp’s focus on affordably
priced RV segments, particularly with two top manufacturers. After closing,
we anticipate these locations to be primarily stocked with either Thor
or Forest River products.” Mr. Lemonis continued, “We continue to be focused
on our goal to increase our dealership count to over 320 locations over
the next five years, through a combination of acquisitions, new store openings,
and manufacturer exclusive locations.”
Camping
World intends to acquire and operate the following Travelcamp RV locations:
-
Melbourne,
FL
-
Orange
Park, FL
-
Pinellas
Park, FL
-
Jacksonville,
FL
-
Brooksville,
FL
-
Clermont,
FL
-
Ocala,
FL
-
Griffin,
GA
-
Greenville,
NC
-
Statesville,
NC
-
Rock Hill,
SC
-
Lewisville,
TX
Individuals
interested in applying for a position with Camping World may visit www.CampingWorldJobs.com.
About
Camping World Holdings, Inc.
Camping
World Holdings, Inc., headquartered in Lincolnshire, IL, (together
with its subsidiaries) is America’s largest retailer of RVs and related
products and services. Our vision is to build a long-term legacy business
that makes RVing fun and easy. Our Camping World and Good Sam brands have
been serving RV consumers since 1966. We strive to build long-term value
for our customers, employees, and shareholders by combining a unique and
comprehensive assortment of RV products and services with a national network
of RV dealerships, service centers and customer support centers along with
the industry’s most extensive online presence and a highly trained and
knowledgeable team of employees serving our customers, the RV lifestyle,
and the communities in which we operate. We also believe that our Good
Sam organization and family of programs and services uniquely enable us
to connect with our customers as stewards of the RV enthusiast community
and the RV lifestyle. With RV sales and service locations in 43 states,
Camping World has grown to become the prime destination for everything
RV. For more information, visit www.CampingWorld.com.
Cautionary
Statement Regarding Forward-Looking Statements
This
press release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995 concerning Camping
World and other matters. All statements other than statements of historical
facts contained in this press release may be forward-looking statements,
including statements about the expected timing of the closure of and benefits
from the announced acquisitions, offerings of acquired companies and our
future growth and pace of growth. In some cases, you can identify forward-looking
statements by terms such as “may,’’ “will,’’ “should,’’ “expects,’’ “plans,’’
“anticipates,’’ “could,’’ “intends,’’ “targets,’’ “projects,’’ “contemplates,’’
“believes,’’ “estimates,’’ “predicts,’’ “potential’’ or “continue’’ or
the negative of these terms or other similar expressions. The forward-looking
statements in this press release are only predictions. We have based these
forward-looking statements largely on our current expectations and projections
about future events and financial trends that we believe may affect our
business, financial condition, and results of operations. Forward-looking
statements involve known and unknown risks, uncertainties and other important
factors that may cause our actual results, performance, or achievements
to be materially different from any future results, performance or achievements
expressed or implied by the forward-looking statements. You should carefully
consider the risks and uncertainties that affect our business, including
the risk that the acquisitions may not close on the timelines expected
or at all, as well as the other important risks described in our filings
with the Securities and Exchange Commission (“SEC”), including under the
caption “Risk Factors” in our Annual Report on Form 10-K filed for the
year ended December 31, 2022. These forward-looking statements speak only
as of the date of this communication. Except as required by applicable
law, we do not plan to publicly update or revise any forward-looking statements,
whether as a result of any new information, future events or otherwise.
You are advised, however, to consult any further disclosures we make on
related subjects in our public announcements and filings with the SEC.
Media
Contact:
Brett
Andress
SVP,
Corp Dev & IR
LinkedIn
Camping
World Holdings |