Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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 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. Schedule a tour of your next recreational vehicle by . ", "It's amazing to become part of the executive team of one of the fastest growing retailers in the United States," saidFamous Rhodes. 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. The success of Reeds Trailer Sales isn't entirely based on their huge selection of quality . Blue Mesa Recreational Resort - Gunnison, CO Opinions expressed by Forbes Contributors are their own. . The transaction lowered the spread on the facility to 375 basis points over the secured overnight financing rate plus a credit spread adjustment. Full-width rear bathroom, sofa and table-connect, with a king bed! . Need some help? Sleeps 6, only 25' long and 5,600lbs, power awning, and LOTS MORE! Cision Distribution 888-776-0942 It makes for a better RV experience. I then noticed a couple other issues that I told them about when I brought it back. Jon Ferrando and John Rizzo were instrumental in building America's largest automotive retailer from start-up to . Fifth Wheels Class C For Sale in Tempe, az - Browse 753 Fifth Wheels Class C Near You available on RV Trader. RV Retailer completes $596M term loan repricing, $200M add-on; terms Famous Rhodeswill be responsible for all marketing of the Company, reporting toJon Ferrando, CEO and President of RV Retailer, LLC. We can help at our top-notch RV service center. Amanda gave a great walk-through to explain controls and operation of our motorhome. He is especially talented at digital marketing, which will be critical to our continued growth in sales and service. Payments based on 8.99% interest. I just really appreciate the experience; they seem to have a strong & fun work culture. Cision Distribution 888-776-0942 RV Retailer Keeps Expanding, Bets Big On Continuing Boom In Sales Tom's CamperLand is proud to be the #1 new and used RV dealership in the Southwest! 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. Lake Conroe KOA - Montgomery, TX Redwood has a diverse portfolio of operating company investments. "I am excited to continue my involvement and support of RV Retailer as a Partner going forward. . JW Marriott Sao Paulo Av. Full-width rear bathroom, king bed, HUGE hidden office room, and washer/dryer prepped! Sell New or Used RVs - RVTrader.com At Blue Compass RV, we are committed to ensuring that individuals with disabilities enjoy full access to our websites. 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. 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. 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. SEC Filings include 13F quarterly reports, 13D/G events and more. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. You can email the site owner to let them know you were blocked. RV Retailer, LLC Agrees to Acquire ExploreUSA RV Supercenter 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! Our trained technicians are here to help you with your service needs. Donny O'Banion will continue to lead Motor Home Specialist as CEO and will retain an ownership stake in the business. And thats good, because few people are so invested in a continuation of the boom times for the industry that were accelerated by the pandemic. To learn more about partnering with Redwood Capital in future investment opportunities please provide the below contact information and we will connect with you. We saw an opportunity to come in and focus on the customer to build a great retailer in RVs.. 2 Recliners, king bed, electric jacks, and an open concept floorplan! LAST ONE !!!!! Redwood reset the bar to a higher level, all for you! Cloudflare Ray ID: 7c0e53e89fcc23b9 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 MANAGEMENT, LLC Top 13F Holdings - WhaleWisdom.com I also look forward to continuing our outstanding relationships with our valued RV manufacturer partners. Explore! RV Retailer is led by Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. Fun new colors with AC, heat, radio, and an outdoor kitchen! King bed, full-width rear bath, sleeps 6, and an outdoor kitchen! Reeds Trailer Sales started with a few small utility trailers and has grown to a multi million-dollar inventory that includes RV Travel Trailers, Fifth Wheels, Toy Haulers and one of the largest selection of utility trailers in Northern California. Dan credits the people that work with him and their dedication to customer service for helping to grow a small selection of utility trailers into a multi-million dollar inventory spread out over 6-acres. ", "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. Holiday Trav-L-Park - Emerald Isle, NC window.dataLayer = window.dataLayer || []; We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. 100 SE Third Avenue, Suite 1850, Fort Lauderdale, FL 33394 $58,477 (73 miles from USA RV) New 2023 Keystone Montana 3761FL. Bill Eads Service Department has been exceptional! 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RiversEdge Marina - North Charleston, SC Jon Ferrando and John Rizzo were instrumental in building America's largest automotive retailer from start-up to over $20 billion in revenue and collectively have over 25 years of experience in automotive retail and over 50 years of experience building and growing industry leading businesses. 185.132.42.81 RV Dealers - RV Trader 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. RV Retailer: Revenue, Competitors, Alternatives - Growjo But I think I was most impressed with the service department (Amanda and rest of team). From the inside to the outside, Redwood fifth wheels are built with the utmost attention to detail and are available in a variety of floor plans. Have a part or accessory that you need to make your RV complete? Reeds Trailer Sales started with a few small utility trailers and has grown to a multi million-dollar inventory that includes RV Travel Trailers, Fifth Wheels, Toy Haulers and one of the largest selection of utility trailers in Northern California. Famous Rhodesis a seasoned automotive executive with years of experience leading and building marketing and technology teams. 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's capital partner is Redwood Capital Investments. Bismarck (800) 930-2267. Performance & security by Cloudflare. "We will benefit from Scott's continued involvement and support at RV Retailer and ExploreUSA. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. RV Retailer, LLC Acquires Motor Home Specialist 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. Skip to top of Search Results . PRICE DOES NOT INCLUDE TAX, TITLE, FREIGHT, OR PRE-DELIVERY INSPECTION. "Famous brings years of experience building and leading strong marketing and technology teams,"saidJon Ferrando. We have some of the top brand name RVs for sale at incredible prices. And the OEMs havent focused their supply networks on the repair side. Blue Compass RV | LinkedIn Jon Ferrando, (954) 414-0371, jferrando@rvretailer.net, View original content:http://www.prnewswire.com/news-releases/rv-retailer-llc-acquires-motor-home-specialist-300675163.html, Plus500. /marketintelligence/en/news-insights/latest-news-headlines/rv-retailer-completes-596m-term-loan-repricing-200m-add-on-terms-68423404 I was anxious to get it home so took it before all items were fixed. Full-width rear bathroom, outdoor kitchen, electric jacks, recliners, and a king bed! 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. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. Stop in today to see all our RVs. 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. Boathouse Marina - Beaufort, NC See dealer for details. . We have some of the top brand name RVs for sale at incredible prices. I bought a used Motorhome from their great sales department and then had orientation where a few fixes were noted. 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. Official MapQuest website, find driving directions, maps, live traffic updates and road conditions. Redwood's primary objective is to become long-term partners with private business owners and management teams. Motor Home Specialist retailed over 2,200 RVs in 2017, generating over $275 million in revenue. Find nearby businesses, restaurants and hotels. ", 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. from 8 AM - 9 PM ET. 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! Blue Compass RV | RV Dealer in America ExploreUSA's exclusive focus on towable RVs perfectly complements our Motor Home Specialist business in Texas, the largest volume motor home dealer in the world. 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 focusing in the U.S. Southeast but executing nationwide. Welcome to Tom's CamperLand. Your IP: Redwood has a concentrated portfolio of direct Read More Contact Who is Redwood Capital Investments Headquarters 7301 Parkway Dr, Hanover, Maryland, 21076, United States Phone Number (410) 402-2000 Website www.redcapinv.com Revenue <$5M We look forward to working with all of the manufacturer partners to continue to represent their RV products in a world-class manner.". 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. According to Statistical Surveys, Motor Home Specialist was the #1 volume motor home dealer in the U.S. in 2017. "We also welcome ExploreUSA's 340 dedicated associates to the RV Retailer family. Mon 9 AM - 5 PM Tue 9 AM - 5 PM Wed 9 AM - 5 PM Thu 9 AM - 5 PM Fri 9 AM - 5 PM Sat 9 AM - 5 PM Sun Closed, Mon 8:30 AM - 5 PM Tue 8:30 AM - 5 PM Wed 8:30 AM - 5 PM Thu 8:30 AM - 5 PM Fri 8:30 AM - 5 PM Sat Closed Sun Closed, New 2022 Forest River RV Surveyor Legend 19MBLE, New 2022 Keystone RV Hideout Single Axle 175BH, New 2022 Keystone RV Hideout Single Axle 176BH, New 2022 Coachmen RV Freedom Express Ultra Lite 252RBS, New 2022 Keystone RV Cougar Half-Ton 30BHS, New 2022 Coachmen RV Freedom Express Ultra Lite 287BHDS, New 2022 Coachmen RV Freedom Express Ultra Lite 246RKS, New 2022 Keystone RV Cougar Half-Ton 22RBSWE, New 2022 Forest River RV Surveyor Legend 296QBLE, New 2022 Forest River RV Surveyor Legend 240BHLE, New 2022 Keystone RV Hideout Single Axle 177RD, New 2022 Keystone RV Hideout Single Axle 174RK, New 2022 Forest River RV Surveyor Legend 202RBLE, New 2023 Forest River RV NO BOUNDARIES NB16.6, New 2023 Forest River RV No Boundaries NB20.4, New 2023 Forest River RV Surveyor Legend 267RB, New 2023 Keystone RV Cougar Half-Ton 22MLSWE, New 2023 Keystone RV Cougar Half-Ton 25RDSWE, Used 2021 Keystone RV Cougar Half-Ton 22RBSWE, Used 2017 Forest River RV Rockwood Mini Lite 2503S, New 2023 Keystone RV Montana High Country 351BH. The action you just performed triggered the security solution. ExploreUSA sold approximately 5,000 RVs in 2017. "We are excited about the addition of ExploreUSA to strengthen our presence in Texas and provide a strong foundation for future growth. Redwood (50) Regency Conversions (65) Renegade (111) Riverside Rv (158) Roadtrek (175) Shasta (169) gtag('config', 'UA-153158295-1'); Interested in passively investing in mobile home parks? Jon Ferrando and John Rizzo were instrumental in building America's largest automotive retailer from start-up to over $20 billion in revenue and collectively have over 25 years of experience in automotive retail and over 50 years of experience building and growing industry leading businesses. RV Retailer's leadership team has over 200 years of automotive and RV retail industry 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.". Savings percentage based on Manufacturers Suggested Retail Prices for select models for in-stock units. Our salesman, Bob Brandt patiently walked us through the sales process. The repriced term loan came at par while the new money add-on priced at an original issue discount of 99.5. Hi-Lift Marina - Aventura, FL 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. Contact Information Website The service department was far more agreeable to taking care of them than I could have hoped for. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. ", Jon Ferrando added, "We are excited to add the high-quality, premium RV product mix offered by ExploreUSA in excellent markets across Texas. 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! Price excludes taxes, title, pre-delivery inspection, and freight. Inlet Harbour Marina - Ponce Inlet, FL Down payment of the tax plus 20%. When looking for a place to store your RV, there are several options . Sleeps up to 8, recliners, 2 doors(one into the bathroom), king bed, and electric jacks! Pine Haven Camping Resort - Cape May Court House, NJ ", "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. Find RV Dealers near you - Locate RV Dealerships on RV Trader. Redwood's primary objective is to become long-term partners with private business owners and management teams. 800-930-2267 www.capitalrv.com. as Head of Yahoo! We looked at the industry and saw a tremendous opportunity, with how fragmented [RV retailing] was and how outdated with respect to technology processes, Ferrando said. 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 . New or Used Crossroads Redwood RVs for Sale - Camping World RV Sales Minot (800) 488-7896. The success of Reeds Trailer Sales isnt entirely based on their huge selection of quality trailers. When typing in this field, a list of search results will appear and be automatically updated as you type. Oceanside RV Resort - Oceanside, CA, Cortez Village Marina - Cortez, FL "Collectively, we are in a great position to capitalize on significant growth opportunities for the business while providing excellent career opportunities for our associates. They provide an exceptional experience to the thousands of customers that purchase and service their RVs at ExploreUSA every year. Palm Harbour Marina - Cape Haze, FL 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. Motor Home Specialist also provides service and parts and customer financial services to its customers. Ferrando and his business partners launched RV Retailer in January 2018 with the backing of Hanover, Md.-based private equity firm Redwood Capital Investments. I am grounded in autos but range broadly. Capital RV is the top RV Dealer in North Dakota. Visit our RV parts store to browse our entire selection. Jon FerrandoandJohn Rizzowere instrumental in building America's largest automotive retailer from start-up to over$20 billionin revenue. function gtag(){dataLayer.push(arguments);} 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). RV Retailer's leadership team has over 250 years of automotive and RV retail industry experience. All offers on approved credit. Hope Valley Resort - Turner, OR The term loan was previously priced at L+400, with a 0.75% Libor floor. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. Redwood RV is the foundation of luxury. He was patient and was willing to answer all my questions. As a result, soon it might be possible to get your RV fixed much more quickly than RV owners have become accustomed to. Store closing sales have commenced across all 360 Bed Bath & Beyond and 120 buybuy BABY store locations nationwide. 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. content About RV Retailer - Benefits, Mission Statement, & Photos | JobSage Redwood Holdings Investor Profile: Portfolio & Exits | PitchBook "We are excited about our new partnership with Redwood. Murphy bed with sofa, dinette slide out, sleeps 6, power awning, and only 4,500lbs! RV Retailer, LLC to Acquire RV One Superstores, Inc. Reeds Trailer Sales in Petaluma, CA | Reeds Trailer Sales 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). So far, I haven't had any major issues with the unit. ", "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. Donny is the son of Doug O'Banion, who founded Motor Home Specialist over 20 years ago. Home - Redwood Capital Equity LifeStyle Properties is a leading owner and operator of manufactured home communities, RV resorts and campgrounds in North America. Website http://www.bluecompassrv.com Industries Motor Vehicle Manufacturing Company size. 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. 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. He will also be responsible for technology and application development of the business. GREAT OFF ROAD, New 2022 Winnebago Industries Towables Micro Minnie 1700BH, New 2023 Forest River RV Rockwood GEO Pro G19FD, New 2022 Cruiser Radiance Ultra Lite 28BH, New 2022 TAXA Outdoors Mantis Mantis Overland. 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. We never felt hurried or pressured to make a decision. ", "I am extremely pleased to put this transaction together with the RV Retailer team," said Doug O'Banion, founder of Motor Home Specialist. Were here to help create lifelong memories for you. Ferrando cut his management teeth under the late Wayne Huizenga, who built AutoNation with a similar approach by rolling up hundreds of independent auto dealers over a few decades into Americas largest car-dealing corporation.
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