Meyer's RV Superstores Acquires White Horse RV Center in New Jersey

Performance Brokerage Services, recognized as North America's leading dealership brokerage firm, recently facilitated a significant acquisition in the RV sector. White Horse RV Center, a well-established RV dealership with roots in New Jersey, has been sold to Meyer's RV Superstores. This transfer marks an important milestone for both companies and the larger RV community.

A Brief History of White Horse RV Center

Founded in 1973, White Horse RV Center has emerged from a modest ¾-acre property to a prominent two-location RV operation, serving customers throughout New Jersey. Ed Hutchinson, Jr. acquired the business from his parents in 1993 and oversaw its substantial growth, relocating the dealership in 1996 to a spacious 7.9-acre site in Williamstown. White Horse RV Center proudly became a Jayco dealer that same year, nurturing a relationship that has lasted more than 30 years and contributing to its recognition as one of Jayco's Top-45 Dealers for over 20 years.

The dealership expanded its footprint in 2011 by establishing a second location in Galloway, and further augmented its premises in 2014 by acquiring an additional 4.9 acres. Over the years, White Horse RV Center has consistently ranked among the top three RV dealers in New Jersey, even earning the distinction of being #2 on RVshare's Top-10 list.

Decision to Sell

After more than three decades of passionate commitment to building the family business, Ed Hutchinson, Jr. faced the monumental decision to sell. He expressed that choosing to transition out of a company built by family and hard work was challenging, but he had confidence in Performance Brokerage Services to facilitate a responsible transition. Hutchinson stated, “They took the time to understand our family, our business, and what we wanted for its future.”

The success of the transaction was underpinned by Jesse Stopnitzky from Performance Brokerage Services, who expertly guided Hutchinson through the intricacies of the process with transparency and authentic care.

Meyer's RV Superstores: A Growing Legacy

Incorporated in 1967 initially as an automotive collision shop, Meyer's RV Superstores has evolved into one of the Northeast's most prominent family-owned RV dealership groups. The company was transformed into an RV dealership shortly after its inception. Mark Meyer took over the company from his father in 1998, and has since overseen its expansion to include 19 RV and Marine dealerships across several states, including New Jersey, following this acquisition.

Mark Meyer remarked on his long-standing relationship with Stopnitzky, highlighting the professional dynamics in their previous transactions, stating, “Each transaction was fair, straightforward, and professional.” He praised Stopnitzky's understanding of the dealership business and his commitment to ensuring that deals are executed satisfactorily.

The Bigger Picture

Performance Brokerage Services has been instrumental in the dealership buy-sell market, having facilitated the sale of nearly 450 dealerships in the last five years alone. Their reputation as North America's top dealership brokerage firm is underscored by a remarkable 90% closing rate and a commitment to ethical business practices. The firm offers complimentary valuations with no upfront fees, resulting in satisfied clients who appreciate their unique approach to dealership transitions.

As White Horse RV Center takes on its new identity as Meyer's RV, the dealership will continue to serve clients from its established locations in Williamstown and Galloway. This transition reflects not just a change of ownership, but a commitment to preserving the legacy that the Hutchinson family has cultivated in the RV industry for more than half a century.

For more details about Performance Brokerage Services and its operations, you can visit their website.