Camping World Expands Reach With Seven Lazydays Dealership Acquisition
CWH acquires seven dealerships, enhancing its RV offerings and market presence. Transaction valued around book value; net cash outlay between $10-20 million. Acquired locations can sell over 65,000 vehicles annually, indicating growth potential. Despite market challenges, locations generated nearly $200 million in past revenues. CWH's stock up 15.9% in six months, driven by strategic acquisitions.
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