Camping World Acquires the Assets of Three Locations in Delaware, Pennsylvania, and New Jersey
February 03 2025 - 6:30AM
Business Wire
Camping World Holdings, Inc. (NYSE: CWH) (“Camping World” or
“Company”), the World’s Largest Recreational Vehicle Dealer, today
announced that it has closed on the asset purchase of Hitch RV,
with three locations in Delaware, Pennsylvania, and New Jersey.
Upon the completion of certain facility renovations, the Company
intends to open these locations throughout the first quarter.
Marcus Lemonis, Chairman and CEO of Camping World, commented,
“The acquisition of Hitch RV represents our first location in
Delaware, marking the entrance into our 44th state. These locations
are another example of widening our acquisition funnel by
identifying targets that allow for conversion to Manufacturer
Exclusive locations, and we expect to continue to capitalize on
today’s robust dealership M&A environment.”
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 the world’s largest retailer of
RVs and related products and services. Through Camping World and
Good Sam brands, our vision is to build a business that makes RVing
and other outdoor adventures fun and easy. We strive to build
long-term value for our customers, employees, and stockholders 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 highly specialized services and plans,
including roadside assistance, protection plans and insurance,
uniquely enables us to connect with our customers as stewards of an
outdoor and recreational lifestyle. With RV sales and service
locations in 43 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 including statements about the
expected pace of growth, timing of location openings, benefits from
the announced acquisition, and product offerings at future
locations. 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 risks
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, 2023. 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.
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version on businesswire.com: https://www.businesswire.com/news/home/20250203714484/en/
Brett Andress InvestorRelations@campingworld.com
Media Outlets: PR-CWGS@CampingWorld.com
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