Rumbleon Has Completed Its Acquisition Of Jacksonville-Based Powersports Retail Location
Acquiring Company
RideNow Group, Inc.
Acquired Company
Powersports Retail Location
ChandlerOtherManufacturingSoftwareMobileTransportationRetailAutomotiveLogisticsDescription
RumbleOn, Inc. (NASDAQ: RMBL), the nation's first technology-based Omnichannel marketplace in powersports, today announced the completion of its previously announced acquisition of a Jacksonville-based powersports retail location. This new retail location has a history of steady revenue growth and consistent profitability. As part of the acquisition, RumbleOn acquired several manufacturer product lines including Yamaha Powersports, Yamaha Marine and Boats, Yamaha PWC, Suzuki, Benelli, KTM, CFMoto, Zero Electric Motorcycles, Ranger Boats, and Tidewater Boats.
Quick answer
RideNow Group, Inc. is acquiring Powersports Retail Location, announced January 3, 2022. RideNow Group, Inc. is based in Chandler, Arizona, United States.
- How much did RideNow Group, Inc. pay for Powersports Retail Location?
- The deal value was not disclosed.
- What does RideNow Group, Inc. do?
- RumbleOn, Inc. (NASDAQ: RMBL), operates through two operating segments: our Powersports dealership group and Wholesale Express, LLC, an asset-light transportation services provider focused on the automotive industry.
- Where are RideNow Group, Inc. and Powersports Retail Location based?
- RideNow Group, Inc. is based in Chandler, Arizona, United States.
- Who are the decision-makers at RideNow Group, Inc?
- Fundz holds 1 contact at RideNow Group, Inc. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Powersports Retail Location?
Powersports Retail Location was acquired by RideNow Group, Inc., based in Chandler. The deal was reported on January 3, 2022. RumbleOn, Inc. (NASDAQ: RMBL), operates through two operating segments: our Powersports dealership group and Wholesale Express, LLC, an asset-light transportation services provider focused on the automotive industry. RideNow Group, Inc. is publicly traded (RDNW) and operates in Other.
When did RideNow Group, Inc. acquire Powersports Retail Location?
RideNow Group, Inc.'s acquisition of Powersports Retail Location was reported on January 3, 2022. RumbleOn, Inc. (NASDAQ: RMBL), the nation's first technology-based Omnichannel marketplace in powersports, today announced the completion of its previously announced acquisition of a Jacksonville-based powersports retail location. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Powersports Retail Location do?
Powersports Retail Location is the company acquired in this transaction. It is privately held.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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