As RV Retailer deploys the funds from the term loan add-on towards acquisitions and improves the capabilities of its existing base of RV dealerships, Moody's expects additional EBITDA growth. We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Tom's CamperLand is proud to be the #1 new and used RV dealership in the Southwest! I am excited for our associates and confident that Motor Home Specialist will continue as the #1 motor home dealer in the world. 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I just really appreciate the experience; they seem to have a strong & fun work culture. Chat. ", Jon Ferrando added, "We are excited to add the high-quality, premium RV product mix offered by ExploreUSA in excellent markets across Texas. Official MapQuest website, find driving directions, maps, live traffic updates and road conditions. Savings percentage based on Manufacturers Suggested Retail Prices for select models for in-stock units. Sleeps 9, only 4,800lbs, roof-mounted AC, residential appliances, electric jacks, and a power awning! Schedule a tour of your next recreational vehicle by . We have an expansive inventory of both New and Used RVs for sale, including motorhomes, travel trailers, fifth wheels, toy haulers, and more! You can include makes of RVs to help you find the RV you have been searching for. As a result, soon it might be possible to get your RV fixed much more quickly than RV owners have become accustomed to. Full-width rear bathroom, dinette slide out, power awning, and only 3,400lbs! They provide an exceptional experience to the thousands of customers that purchase and service their RVs at ExploreUSA every year. Crossroads Redwood RVs for Sale at Camping World - the nation's largest RV & Camper Dealer. All offers on approved credit. The repriced term loan came at par while the new money add-on priced at an original issue discount of 99.5. ", "I am thrilled to partner with Jon Ferrando and the RV Retailer team as we lead Motor Home Specialist to new heights," said Donny O'Banion, CEO of Motor Home Specialist. Redwood Capital Investments backed them initially and continues to bankroll the growth of RV Retailer through acquisitions, store additions and organic increases, which the company is. Bismarck (800) 930-2267. RV Retailer, LLC is a leading recreational vehicle retail company inthe United Stateswith a focus on providing an outstandingexperienceforrecreational vehiclecustomersinnew and used sales, service and parts, and customer financial services. "We are excited to partner with Donny O'Banion and the Motor Home Specialist management team to continue its run as the #1 motor home dealer in the world from its home base in Texas," said Jon Ferrando, President and CEO of RV Retailer. According to Statistical Surveys, Motor Home Specialist was the #1 volume motor home dealer in the U.S. in 2017. They provide an exceptional experience to the thousands of customers that purchase from Motor Home Specialist every year. Were here to help create lifelong memories for you. The success of Reeds Trailer Sales isnt entirely based on their huge selection of quality trailers. . Full-width rear bathroom, king bed, HUGE hidden office room, and washer/dryer prepped! ExploreUSA retails new and used towable RVs from 9 store locations in the Dallas-Fort Worth, San Antonio, Houston and Austin markets. Between our travel trailers, fifth wheels, toy haulers and motorhomes, you're sure to find an RV model that's perfect for your needs. Upon completion of the acquisitions of RV One and ExploreUSA, RV Retailer will have 17 RV stores in Texas, Florida, New York and Iowa with $900 million in annual revenue. If you have an RV you are trying to sell or consign so you can get a newer or different model, we can buy it here at Bill Eads RV. FORT LAUDERDALE, Fla., Sept. 5, 2018 /PRNewswire/ -- RV Retailer, LLC announced today that it signed an agreement to acquire ExploreUSA Supercenter (www.exploreusa.com), the #2 volume RV dealer in Texas, from Scott Chaney and Brian Booker, who will continue to lead ExploreUSA and will retain an ownership stake in the business. RV Retailer, LLC was founded in 2018 to create a leading recreational vehicle retail company in the United States with a focus on providing an outstanding experience for RV customers in new and used sales, service and parts, and customer financial services. as Head of Yahoo! Sleeps 8, outdoor kitchen, with a separated master bedroom! $35,950 (64 miles from USA RV) New 2017 Winnebago Winnie Drop 170K. When typing in this field, a list of search results will appear and be automatically updated as you type. Detailed Profile of REDWOOD CAPITAL MANAGEMENT, LLC portfolio of holdings. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. . With large sales lots in Rocklin, Davis, and Madera, and a phenomenal service center located in Loomis, we are one of California's favorite RV dealers! "Famous brings years of experience building and leading strong marketing and technology teams,"saidJon Ferrando. Learn More. "We will benefit from Scott's continued involvement and support at RV Retailer and ExploreUSA. Murphy bed with sofa, dinette slide out, sleeps 6, power awning, and only 4,500lbs! Founded in 2006, Redwood Capital Investments is a private equity firm based in Washington DC, District of Columbia. Coming standard with an aerodynamic profile, solid hardwood cabinets, solid surface countertops, and many best in class features, our units are built to make you feel like a King and Queen! Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. I also look forward to continuing our outstanding relationships with our valued RV manufacturer partners. "Collectively, we are in a great position to capitalize on significant growth opportunities for the business while providing excellent career opportunities for our associates. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. About RV Retailer FOUNDED: 2017 PHONE: 1-954-908-3650 WEBSITE: rvretailer.net Employees 1,000+ Now Hiring Location Fort Lauderdale, FL 100 SE 3rd Ave, Suite 1850, Remote Work Fully In-office RV Retailer Mission & Bio MISSION STATEMENT: Our goal is to help all recreational vehicle owners get the most out of their RV lifestyle. Hidden Harbour Marina - Pampano Beach, FL The company offers housing options and vacation opportunities to meet a variety of customer needs, while residents and guests enjoy beautiful communities, resorts and campgrounds in some of the most desirable housing markets and vacation destinations in the country. 2 Recliners, king bed, electric jacks, and an open concept floorplan! You can email the site owner to let them know you were blocked. I was anxious to get it home so took it before all items were fixed. He is especially talented at digital marketing, which will be critical to our continued growth in sales and service. The action you just performed triggered the security solution. Even amid the current sales boom, Ferrando said, most RV dealers havent upgraded their service facilities and personnel sufficiently to keep up with the concomitant increase in demands for service. ", "Larry Hall has extensive sales and marketing experience, having spent nearly 20 years in the automotive industry with Ford Motor Company and Volkswagen focusing on their dealer networks," added Jon Ferrando. Cision Distribution 888-776-0942 FORT LAUDERDALE, Fla., Nov. 6, 2019 /PRNewswire/ --RV Retailer, LLC announced today the appointment of Famous P. Rhodesas Corporate Vice President, Chief Marketing and Technology Officer, and Larry Hall as President, ExploreUSA Supercenters. We've got something for everyone and we carry the top brands in the RV industry that you know and love, including the Jayco Greyhawk, the Jayco Melbourne, the Jayco Redhawk, and more! Redwood (50) Regency Conversions (65) Renegade (111) Riverside Rv (158) Roadtrek (175) Shasta (169) If at any time you have difficulty using this website or with a particular web page or function on this site, please contact us by phone at Blue Compass RV 954-908-3645; place "Web Content Accessibility (ADA)" in the subject heading and we will make all reasonable efforts to assist you. Das Naes Unidas 14401, Torre Hotel Chcara Santo Antnio So Paulo, BR-SP. Famous most recently served as Executive Vice President and CMO at Bluegreen Vacations, which went public in 2017. Help Center. FORT LAUDERDALE, Fla., July 2, 2018 /PRNewswire/ -- RV Retailer, LLC announced today that it has acquired Motor Home Specialist (www.mhsrv.com), the #1 volume motor home dealership in the world, from the O'Banion family. Skip to top of Search Results . At Blue Compass RV, we are committed to ensuring that individuals with disabilities enjoy full access to our websites. If you want some more help finding that perfect, dream RV, just contact us today for all of the details at Bill Eads RV - your favorite new and used RV dealer in California! SEC Filings include 13F quarterly reports, 13D/G events and more. "I am excited to continue my involvement and support of RV Retailer as a Partner going forward. RV Retailer, LLC was founded in 2018 by Jon Ferrando and John Rizzo, together with Redwood Capital Investments, to create a leading recreational vehicle retail company in the United States with a focus on providing an outstanding experience for RV customers in new and used sales, service and parts, and customer financial services. Welcome to Tom's CamperLand. Learn More Fifth Wheels Find Your Perfect RV There are so many different types of RVs, there's definitely something for everyone. RV Retailer is led by Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. RV Retailer has 24 RV stores inArizona,Florida,Iowa, New York, North Carolina, South CarolinaandTexaswith over$1 billionin annual revenue. Class A $12.00, Class B $85.00, Class C $99.00 and 5th Wheel Trailers $84.00. Redwood RV is the foundation of luxury. They seemed to understand I was a "newbie" and even showed me all of the details of how to work the weight-distribution hitch they installed on my truck. We will continue to drive the business using our industry-leading web site with great customer tools, our professional sales and service team, and our transparent customer approach with everyday low prices. gtag('js', new Date()); Retiring baby boomers and new younger buyers are getting into the industry and starting to enjoy the outdoor lifestyle, Ferrando told me. Price excludes taxes, title, pre-delivery inspection, and freight. Redwood is "an exceptional investment partner with sufficient capital to fund our long-term growth plans," Ferrando says. Sleeps up to 8, recliners, 2 doors(one into the bathroom), king bed, and electric jacks! RV Retailer, backed by Redwood Capital, is a U.S. recreational vehicle retail company providing new and used RV sales, service and parts, and financial services. RV Retailer, backed by Redwood Capital, is a U.S. recreational vehicle retail company providing new and used RV sales, service and parts, and financial services. Redwood Capital Investments is the private investment company for the founders of Allegis Group. ", "Scott Chaney led an incredible business in Texas as CEO of ExploreUSA that is growing and performing well for RV Retailer as we cross our first anniversary of ownership of ExploreUSA," added Jon Ferrando. The company offers housing options and vacation opportunities to meet a variety of customer needs, while residents and guests enjoy beautiful communities, resorts and campgrounds in some of the most desirable housing markets and vacation destinations in the . Have something you need repaired or serviced on your RV? RV Retailer, LLC is a leading recreational vehicle retail company in the United States with a focus. function gtag(){dataLayer.push(arguments);} The Finance/Document experience (Bob) was also very quick, and while he explained my extended warranty options, he didn't pressure me at all to buy (and the price seems fair if you do in fact want the extended third party warranty). 185.132.42.81 The firm seeks to invest in B2B, commercial products, services, energy, healthcare, marketable securities, and technology sectors. If you want some more help finding that perfect, dream RV, just contact us today for all of the details at Bill Eads RV - your favorite new and used RV dealer in California! RV dealers generally have been focused on selling new or used RVs and havent invested enough in the service side of the business, Ferrando said. "There will always only be one founder of Motor Home Specialist, and it is Doug O'Banion.". New 2022 Redwood RV Redwood 3951MB Stock #B5396 Boerne TX Price excludes tax, title, freight, and pre-delivery inspection +25 View More Sleeps 6 5 Slides 42ft long 15308 lbs Front Living Bath and a Half Compare Sale Price: $106,999 MSRP: $166,077 Dealer Discount: $59,078 Confirm Availability View Details New 2022 CrossRoads RV Redwood 3401RL ", "Doug and Sharon O'Banion were great to work with through this transition," said John Rizzo, Executive Vice President and CFO of RV Retailer. And the OEMs havent focused their supply networks on the repair side. $18,480 (102 miles from USA RV) New 2023 Keystone Arcadia 332SLRL. RV Retailer LLC has completed the repricing of its $596 million term loan B due February 2028 and the accompanying $200 million fungible add-on to the term loan that will be used to finance the company's near-term acquisition pipeline, according to sources. Full-width rear bathroom, sofa and table-connect, with a king bed! Need some help? Transaction Details On July 2, 2018, RV Retailer, LLC, founded by Jon Ferrando and John Rizzo, announced that it has partnered with Redwood Capital Investments, LLC ("Redwood") to create a leading recreational vehicle retail company in the United States Redwood is the private investment company for the founders of Allegis Group Consumers will have access to one of the largest inventories of recreational vehicles from the network of RV Retailer stores with unbeatable pricing and financing. Alpin Haus - RV is your local RV Dealer in NY. "As we seek to create a world-class RV sales and service experience across our growing network of 24 stores,Famous Rhodes' track record and experience makes him a great addition to our already experienced retail team. ExploreUSA sold approximately 5,000 RVs in 2017. Stop in today to see all our RVs. When looking for a place to store your RV, there are several options . Skip to main content. Text 757-378-0711. Dale Hollow State Park Marina - Burkesville, KY Buyers order valid for 30 days from time of write up. Our most valued assets are not the brick-and-mortar variety, however, but rather are the dedicated on-site teams who manage more than 400 properties on a daily basis and deliver an exceptional customer experience. "I look forward to supporting the 350 ExploreUSA team members as we look to build on the strong foundation of growth at ExploreUSA and continue providing a world-class experience for our customers.". Its an array of training that no one else is doing, and its paying off within our stores and in teh stores we acquire and are opening. When we decided to purchase, we negotiated a fair price. This industry seems riddled with a lack of people who want to be accountable for the inevitable problems with RVs, but the first words when I walked into the service department was someone who said "I did the quality inspection on that unit; I hope you like it". King bed, full-width rear bath, sleeps 6, and an outdoor kitchen! Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. The liquidation event is being managed by Hilco Merchant Resources, Gordon . RV Retailer is led by co-founders Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. RV Retailer is led by Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. CSA: 10/15/25 (1-month, 3-month, 6-month). But I think I was most impressed with the service department (Amanda and rest of team). It makes for a better RV experience. Cision Distribution 888-776-0942 We never felt hurried or pressured to make a decision. Blue Mesa Recreational Resort - Gunnison, CO He has led large teams, has a deep understanding of sales, marketing, and dealership fixed operations and he has managed businesses in all economies including a strong track record driving sales growth. $33,500 Full-width rear bathroom, sofa with table-connect, and a fabulous modern look! "We are proud to be working with the RV Retailer team to build a premier RV dealership platform," said Patrick Sissman, Vice President at Redwood Capital Investments. RV Retailer, LLC was founded in 2018 to create a leading recreational vehicle retail company in the United States. Redwood Capital Investments is the private investment company for the founders of Allegis Group. Scott Chaney, currently CEO and founder of ExploreUSA Supercenters, will continue his involvement with RV Retailer and ExploreUSA as a Partner. RV Retailer President and Chief Executive Officer Jon Ferrando is about as bullish as they come in assessing the prospects for U.S. recreational-vehicle sales over the next year or so. "We are excited about our new partnership with Redwood. I am grounded in autos but range broadly. "We are proud to be working with the RV Retailer team to build a premier RV dealership platform," said Patrick Sissman, Vice President at Redwood Capital Investments. The dealer cost add-ons were clear, not a "surprise" and seemed fair for what you are getting. The firm seeks to invest through means of buyout and growth capital. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. We offer great prices on all our RVs for sale, RV parts, and RV Service. PRICE DOES NOT INCLUDE TAX, TITLE, FREIGHT, OR PRE-DELIVERY INSPECTION. Visit our RV parts store to browse our entire selection. Premier Trailer Leasing Acquired by Redwood Capital AUG 10, 2016 - 7:27 am Premier Trailer Leasing, a provider of trailer leasing and rental assets in the U.S., was acquired by Redwood Capital Investments from Garrison Investment Group. Fish-Tale Marina - Ft. Myers Beach, FL Equity LifeStyle Properties is a leading owner and operator of manufactured home communities, RV resorts and campgrounds in North America. Holiday Trav-L-Park - Emerald Isle, NC Capital RV is the top RV Dealer in North Dakota. Bill Eads Service Department has been exceptional! Global Credit and Risk Symposium: Unlocking Possibilities, $596 million repriced term loan B, $200 million fungible add-on term loan, Sofr+CSA+350-375/0.75%/100 (repricing)/99.5 (new money). Whether you are looking for an awesome RV for a long-term road trip, or a smaller or more lightweight RV for the occasional weekend getaway, Blue Compass RV is here to provide you with some outstanding options and deals that you just wont find anywhere else. People want to come to work for us.. Even amid an unprecedented labor shortage across the U.S. economy, he said, RV Retailer plans to employ about 700 service technicians by the end of the year, up from about 400 at the beginning. Bay Point Marina - Marblehead, OH. So were focused on leading the industry over the next decade in customer service and on addressing the service-capacity need.. RV Retailer's capital partner is Redwood Capital Investments. The head of the service department even introduced himself in the middle of the process, letting me know I could call him personally if there were any problems. Save on RV rentals near Redwood City. Private Master Suite, Rear Living Entertainment, Fireplace and Much More!!! We would recommend Bill Eads RV. Website http://www.bluecompassrv.com Industries Motor Vehicle Manufacturing Company size. So far, I haven't had any major issues with the unit. Pine Haven Camping Resort - Cape May Court House, NJ Have a part or accessory that you need to make your RV complete? Call 877-872-3373. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. ", Jon Ferrando added, "The high-quality, premium RV product mix across a wide range of brands offered by Motor Home Specialist from its best-in-class facility is outstanding. 800-930-2267 www.capitalrv.com. We saw an opportunity to come in and focus on the customer to build a great retailer in RVs.. As a result, he said, many of the customers new to the industry are facing the unexpected frustration of having to wait six to eight weeks in the middle of the summer, at that to get repairs made to the new or used recreation vehicle they recently bought. "We also welcome ExploreUSA's 340 dedicated associates to the RV Retailer family. Opinions expressed by Forbes Contributors are their own. RiversEdge Marina - North Charleston, SC Find nearby businesses, restaurants and hotels. Market Intelligence "Collectively, we are in a great position to capitalize on significant growth opportunities for the business while providing excellent career opportunities for our associates. We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. ExploreUSA also provides service and parts and customer financial services to its customers. Larry Hall has extensive experience with dealership businesses, having spent nearly 20 years in the automotive industry with Ford Motor Company and Volkswagen, all servicing the retail dealer channel. One of the biggest opportunities for improvement that Ferrando saw was in modernizing repair service in the industry. $104,250 (64 miles from USA RV) Used 2020 Heartland Mallard M335. One effect, Ferrando said, is that a forklift driver or detailer in one of our stores can become a level-one service technician in 180 days and be on their way to great careers. Regional store brands include: RV One Superstores, Motor Home Specialist, ExploreUSA, Sonny's Camp N Travel and Tom's Camperland, which sell a wide range of new and used RV brands with thousands of RVs in inventory. $58,477 (73 miles from USA RV) New 2023 Keystone Montana 3761FL. The success of Reeds Trailer Sales isn't entirely based on their huge selection of quality . He was patient and was willing to answer all my questions. Modernizing the repair-service process in the industry is one of RV Retailers main goals. 100 SE Third Avenue, Suite 1850, Fort Lauderdale, FL 33394 We are excited to provide you with a ton of fantastic new and used models of travel trailer, toy hauler, fifth wheel, motorhome, and anything else you could want for your next RV. He will also be responsible for technology and application development of the business. Larry Hall will be responsible for the day-to-day operations of ExploreUSA Supercenters in Texas, also reporting to Jon Ferrando. According to Statistical Surveys, Motor Home Specialist was the #1 volume motor home dealer in the U.S. in 2017. Despite the fact it was a 100 degree day and the staff was sweating, they spent a couple hours with me while I tested everything on the unit and patiently answered all of my questions. RV Retailer's capital partner is Redwood Capital Investments. Mon - Fri 9:00am-6:00pm EST. As the capital of California, there are many ways to spend a few days in historic Sacramento, including the Leland Stanford Mansion State Historic Park. ", "Our partnership with RV Retailer has been very successful and we are excited for ExploreUSA to continue its growth under RV Retailer and the leadership of Larry Hall," said Scott Chaney, CEO of ExploreUSA Supercenters. ", "I am extremely pleased to put this transaction together with the RV Retailer team," said Doug O'Banion, founder of Motor Home Specialist. ", "We look forward to working with Scott and Brian and the whole ExploreUSA management team through this transition" said John Rizzo, Executive Vice President and CFO of RV Retailer. With large sales lots in Rocklin, Davis, and Madera, and a phenomenal service center located in Loomis, we are one of California's favorite RV dealers! To learn more about partnering with Redwood Capital in future investment opportunities please provide the below contact information and we will connect with you. Prior to that, Famous held various management roles for 15 years at the largest automotive retailers and internet sites inthe United States, including AutoNation as Vice President of Customer Experience, Yahoo! RV Retailer is taking advantage by consolidating much of an industry retail network that historically has been highly fragmented. Pair that with OEMs that have higher-quality entry-level products than 10 or 20 years ago.
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