Camping World Holdings, Inc. will acquire multi-location RV dealer, Crain RV, in Arkansas. Crain operates locations in Benton, Springdale, and Little Rock, Arkansas.
The deal is expected to close in the fourth quarter.
The locations predominantly sell Jayco, Winnebago, Tiffin, Coachmen, and Forest River products. Camping World intends to convert the locations into manufacturer-exclusive dealerships upon completion of property and facility improvements.
Camping World Chairman and CEO Marcus Lemonis said: “The Crain RV acquisition is an example of widening our acquisition funnel by identifying targets that allow for conversion to manufacturer-exclusive locations. Our goal is to achieve 50% percent growth in our store count over the next five years.”
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