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Camping World Acquires The Assets And Real Estate Of Crain Rv

Aug 03, 2023•over 2 years ago

Acquiring Company

Camping World Holdings

Acquired Company

Crain RV

LincolnshireRetail

Description

Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), the World’s Largest Recreational Vehicle Dealer, today announced that it has closed on the asset and real estate purchases of Crain RV in Little Rock, Arkansas and Springdale, Arkansas. Upon the completion of certain facility renovations, the Company intends to open these locations as Forest River RV Little Rock and Alliance RV Northwest Arkansas.

Company Information

Company

Camping World Holdings

Location

Lincolnshire, England, United Kingdom

About

Camping World Holdings, Inc. is the world's largest retailer of RVs and related products and services. With a vision to build a long-term legacy business that makes RVing fun and easy, Camping World and Good Sam brands have been serving RV consumers since 1966. The company strives to build long-term value for 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.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed