Camping World Holdings, Inc. is set to acquire multi-location RV dealer Crain RV in Arkansas. Crain operates locations in Benton, Springdale and Little Rock, predominantly selling Jayco, Winnebago, Tiffin, Coachmen, and Forest River products.
The acquisition is expected to close in the fourth quarter of 2023. Camping World intends to convert these locations into manufacturer-exclusive dealerships upon completion of property and facility improvements.
Marcus Lemonis, chairman and CEO of Camping World commented, “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.”
Photo courtesy Camping World
