Canada markets close in 3 hours 40 minutes
  • S&P/TSX

    20,800.28
    +59.84 (+0.29%)
     
  • S&P 500

    4,172.20
    -7.56 (-0.18%)
     
  • DOW

    34,123.82
    +69.88 (+0.21%)
     
  • CAD/USD

    0.7470
    -0.0040 (-0.53%)
     
  • CRUDE OIL

    73.95
    -1.93 (-2.54%)
     
  • BTC-CAD

    31,522.82
    -547.24 (-1.71%)
     
  • CMC Crypto 200

    538.59
    +1.73 (+0.32%)
     
  • GOLD FUTURES

    1,878.90
    -51.90 (-2.69%)
     
  • RUSSELL 2000

    1,997.82
    -3.40 (-0.17%)
     
  • 10-Yr Bond

    3.5150
    +0.1190 (+3.50%)
     
  • NASDAQ

    12,187.98
    -12.84 (-0.11%)
     
  • VOLATILITY

    18.54
    -0.19 (-1.01%)
     
  • FTSE

    7,901.80
    +81.64 (+1.04%)
     
  • NIKKEI 225

    27,509.46
    +107.41 (+0.39%)
     
  • CAD/EUR

    0.6894
    +0.0012 (+0.17%)
     

Camping World Further Expands its Southern California Presence with the Acquisition of the RV Solutions Group

Company’s Footprint will expand to 18 Locations in the Golden State

LINCOLNSHIRE, Ill., November 28, 2022--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) ("Camping World"), America’s Recreation Dealer, today announced an agreement to acquire RV Solutions Inc., a family-owned RV dealership group in San Diego, California. This transaction includes two RV Dealership locations, RV Solutions and Airstream of San Diego along with one standalone parts and service center in El Cajon, California. The acquisition of these facilities is slated to be finalized in first quarter 2023.

Commenting on the acquisition, Camping World Chairman and CEO Marcus Lemonis said, "Over the years, the RV Solutions Group has proudly served the San Diego area with multiple brands of towable and motorized RVs. We look forward to carrying on the tradition of their exceptional selection and service and growing the local RV and outdoor community in southern California."

The current RV Solutions dealership, which will soon operate as a Camping World RV SuperCenter, is located at 7620 Copley Park Place and features 10 RV service bays. The Airstream of San Diego dealership, located at 7680 Copley Park Place includes 5 service bays while the parts and service center located minutes away at 1406 N. Johnson in El Cajon, CA features 8 additional service bays. The SuperCenters will offer a wide range of new and used RVs from top manufacturers in addition to a full assortment of RV and outdoor products and accessories and the entire portfolio of Good Sam products and services.

Individuals interested in applying for a position may visit http://www.campingworldjobs.com/.

About Camping World Holdings, Inc.

Camping World Holdings, Inc., headquartered in Lincolnshire, IL, (together with its subsidiaries) is America’s largest retailer of RVs and related products and services. Our vision is to build a long-term legacy business that makes RVing fun and easy, and our Camping World and Good Sam brands have been serving RV consumers since 1966. We strive to build long-term value for our customers, employees, and shareholders by combining a unique and comprehensive assortment of RV products and services with a national network of RV dealerships, service centers and customer support centers along with the industry’s most extensive online presence and a highly trained and knowledgeable team of associates serving our customers, the RV lifestyle, and the communities in which we operate. We also believe that our Good Sam organization and family of programs and services uniquely enable us to connect with our customers as stewards of the RV enthusiast community and the RV lifestyle. With RV sales and service locations in 42 states, Camping World has grown to become the prime destination for everything RV. For more information, visit www.CampingWorld.com.

Cautionary Statement Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Camping World and other matters. All statements other than statements of historical facts contained in this press release may be forward-looking statements. Statements about our future expansions, acquisitions, and new store openings are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as ‘‘may,’’ ‘‘will,’’ ‘‘should,’’ ‘‘expects,’’ ‘‘plans,’’ ‘‘anticipates,’’ ‘‘could,’’ ‘‘intends,’’ ‘‘targets,’’ ‘‘projects,’’ ‘‘contemplates,’’ ‘‘believes,’’ ‘‘estimates,’’ ‘‘predicts,’’ ‘‘potential’’ or ‘‘continue’’ or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition, and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission ("SEC"), including under the caption "Risk Factors" in our Annual Report on Form 10-K filed for the year ended December 31, 2021, with the SEC on February 24, 2022, and our other reports filed with the SEC. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the SEC.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221128005120/en/

Contacts

Brett Andress
InvestorRelations@campingworld.com

Media Outlets:
PR-CWGS@CampingWorld.com