Lazydays and Campers Inn RV Move Forward with Acquisition Plan
In a significant step toward expanding their footprint in the recreational vehicle (RV) industry, Lazydays Holdings, Inc. and Campers Inn Holding Corp. have officially announced their intention to enter into a letter of intent concerning the acquisition of Lazydays' assets. As the largest family-run RV dealership group in the United States, Campers Inn RV aims to preserve the values and commitments that both companies have cultivated throughout their histories.
The CEO of Lazydays, Ron Fleming, emphasized the importance of customer experience in their 49-year journey within the RV landscape. He expressed confidence that with Campers Inn RV at the helm, the core values of customer service, teamwork, accountability, and enjoyment will continue to resonate with customers and employees alike. Lazydays is celebrated for its exceptional sales and service, which have made it a staple in the RV community.
Once the transaction concludes, Campers Inn RV plans to maintain operations at existing Lazydays locations in Tucson, Arizona; Johnstown, Colorado; Seffner, Florida; Knoxville, Tennessee; and St. George, Utah. Additionally, they are reviewing the status of other dealerships to determine the best path forward. Importantly, the planned close date for this transaction aims to be before Thanksgiving and no later than December 1, 2025, with the potential for closures to occur incrementally across various sites.
Through this acquisition, Campers Inn RV will expand its dealership locations to a remarkable total of 48 dealerships across 22 states, marking its first entry into Tennessee, Colorado, and Utah. This expansion signals a commitment to amplifying their service network while providing a diverse selection of new and pre-owned RVs for their clientele.
CEO of Campers Inn RV, Jeff Hirsch, outlined the significance of this acquisition not just as a business maneuver, but as a continuation of the values upheld by both companies over decades. The intent is to enhance service offerings while preserving the familial atmosphere and customer-centric culture that customers and employees have come to expect. He hinted at exciting future initiatives, including customer rallies and improved service experiences at what will continue to be known as "Lazydays by Campers Inn RV" in the Tampa area.
Furthermore, COO Ben Hirsch noted the legacy that Lazydays has established in the RV industry since its inception in 1976. With a world’s largest single-point RV dealership located on the 129 acres in Tampa, the future of this facility is set to include innovative customer engagement offerings. This strategic integration aims to solidify Campers Inn RV’s position as the leading family-operated RV dealership group in the country.
Stakeholders and customers are advised to stay informed about this developing acquisition through the Current Report filed with the U.S. Securities and Exchange Commission, which outlines critical details about the process and any associated risks. Lazydays emphasizes clarity on the LOI’s non-binding nature and the various factors that could influence the final acquisition outcomes, including customer demand and financial conditions.
As both entities look ahead, the merger could facilitate a synergetic unity that not only enhances service capabilities but also sustains the traditions that signify family-owned business ethics in the RV sector. Given both companies' dedication to their community and the RV lifestyle, customers can expect the same quality care, service, and integrity that they have learned to trust.
In conclusion, as Lazydays and Campers Inn RV prepare for this historic transition, the RV community can anticipate a brighter future that merges tradition with renewed vigor and dedication to the RV customer experience. With Campers Inn RV bringing a rich legacy of customer care alongside Lazydays’ storied history, the optimal outcome for all involved parties remains in sight, ensuring the joy and adventure of RVing continues across America for years to come.