Lazydays Holdings signed a letter of intent to acquire Burlington RV Superstore, a dealer located in Sturtevant, Wisconsin.
The transaction is expected to finalize within 90 days. Burlington RV will be the company’s first Wisconsin site, located between the Milwaukee and Chicago markets.
“We are extremely pleased to announce our intent to acquire Burlington RV as we continue to execute our geographic expansion strategy,” Lazydays CEO William Murnane said. “Eastern Wisconsin and Northern Illinois are very attractive RV markets. For more than 50 years, the Wegge family has built an outstanding organization and a very well-run operation.”
Burlington RV owners Tim and Brenda Wegge said they had options in exiting their family-run business, with importance placed on similar customer and employee-centric philosophies.
“We could not be prouder of what our family and employees have built over the past 50 years,” the Wegge family said. “Burlington RV Superstore is the premier RV dealership in our market and we owe its success to our incredible team and their commitment and dedication. We have reached a point in our life where we want to focus on and enjoy our many interests outside the RV business.”
Tim Wegge was RVDA chairman in 2018.
Lazydays operates 12 dealerships across the U.S., with one service center in Houston.
“We are delighted that Tim and Brenda Wegge have chosen Lazydays to guide Burlington RV into the future, and we will do our best to honor their outstanding stewardship and leadership with continued success,” Murnane said. “We are very excited to welcome Burlington RV and its tremendous team into the Lazydays’ family of dealerships.”