Large-scale RV dealer Lazydays is coming to Elkhart.
The company announced its plans today to acquire its first dealership in Indiana, Total Value RV, expanding its nationwide network of RV dealers to the region where many of its motorhomes and RVs are manufactured. Lazydays expects to complete its acquisition within three months.
Lazydays Holdings, Inc. announced today that it has signed a letter of intent to acquire Total Value RV, located in Elkhart, Indiana. Total Value RV is the leading motorhome dealership in Indiana. The acquisition of Total Value RV is expected to be finalized within 90 days.
“We are extremely pleased to announce our intent to acquire Total Value RV as we continue to execute our geographic expansion strategy,” said William P. Murnane, Chairman and CEO of Lazydays. “We are honored and humbled that Hank Schrock has chosen Lazydays to shepherd his longtime family business into the future. We are thrilled to have Total Value RV join the Lazydays’ family of dealerships. The majority of the RVs Lazydays sells are manufactured in and around Elkhart; and we are very excited to become part of the Elkhart community and continue to work closely with our OEM partners.”
Lazydays, The RV Authority, is home the world’s largest recreational dealership, based on 126 acres outside of Tampa, Florida. Lazydays has dealerships located at The Villages, Florida; Tucson and Phoenix, Arizona; Minneapolis, Minnesota; Knoxville, Tennessee; and Loveland and Denver, Colorado. Lazydays also has a dedicated Service Center location near Houston, Texas. Offering the nation’s largest selection of leading RV brands, Lazydays features over 3,000 new and pre-owned RVs, more than 400 service bays and two on-site campgrounds with over 700 RV campsites. In addition, Lazydays RV Accessories & More stores offer thousands of accessories and hard-to-find parts at dealership locations.
Lazydays Holdings, Inc. is a publicly listed company on the NASDAQ stock exchange under the ticker “LAZY.” Additional information can be found at https://www.lazydays.com/investor-relations.