", "I am extremely pleased to put this transaction together with the RV Retailer team," said Doug O'Banion, founder of Motor Home Specialist. Both appointments are effective December 1, 2019. RV Retailer: Revenue, Competitors, Alternatives - Growjo 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. Sleeps 9, PVC roof stays cooler, power awning, sofa and dinette, stove, oven microwave, and fridge! U.S. RETAIL & HIGH NET WORTH - CITIGROUP ASSET MGMT: direct: 1997-09-01: 2003-12-18: CAPITAL MANAGEMENT CONSULTING, LLC: CO-PRESIDENT: direct: 1996-07-01: We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. (64 miles from USA RV) New 2023 Forest River Wildwood X-Lite 263BHXL. Official MapQuest website, find driving directions, maps, live traffic updates and road conditions. Jon FerrandoandJohn Rizzowere instrumental in building America's largest automotive retailer from start-up to over$20 billionin revenue. 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. Dale Hollow State Park Marina - Burkesville, KY Toggle navigation . We offer great prices on all our RVs for sale, RV parts, and RV Service. 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. Most recently he served as EVP of Sales and Marketing for Premier Trailer Leasing, a leading U.S. trailer rental and leasing company serving the trucking industry headquartered in Dallas, Texas. 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. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. 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 Bunkroom, hidden pantry, split bath, and a king bed in the master! Term of financing is 120 months for all amounts less than $20,000; 180 months for amounts of $20,001 to $50,000; 240 months for amount financed of $50,001 or more. Larry Hall will be responsible for the day-to-day operations of ExploreUSA Supercenters in Texas, also reporting to Jon Ferrando. Full-width rear bathroom, dinette slide out, power awning, and only 3,400lbs! Find nearby businesses, restaurants and hotels. Crossroads Redwood RVs for Sale at Camping World - the nation's largest RV & Camper Dealer. Modernizing the repair-service process in the industry is one of RV Retailers main goals. Sleeps 8, outdoor kitchen, with a separated master bedroom! 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. It makes for a better RV experience. Famous Rhodesis a seasoned automotive executive with years of experience leading and building marketing and technology teams. 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. Have a part or accessory that you need to make your RV complete? Riverwatch Marina - Stuart, FL Redwood Capital Investments is the private investment company for the founders of Allegis Group. Honestly, I keep waiting for them to disappoint me but they dont. Redwood Holdings Investor Profile: Portfolio & Exits | PitchBook Redwood Capital's purchase also includes $26 million for the Chrysler, Dodge, Ram and Jeep dealership at 2250 North State Road 7 in Margate, the nearby repair shop at 5410 Northwest 24th Street . Store Closing Sales Begin Across All Bed Bath & Beyond and buybuy BABY Full-width rear bathroom, outdoor kitchen, electric jacks, recliners, and a king bed! 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. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. Your IP: 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. Redwood's primary strategy is to become long-term partners with private business owners and management teams. Goldman Sachs was sole lead arranger on the deal. Please be aware that our efforts are ongoing. I am excited for our associates and confident that Motor Home Specialist will continue as the #1 motor home dealer in the world. Store it in your garage! He is especially talented at digital marketing, which will be critical to our continued growth in sales and service. 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. Cision Distribution 888-776-0942 Every step of the way, each interaction has been fantastic! Find RV Dealers near you - Locate RV Dealerships on RV Trader. RV Retailer, LLC is a leading recreational vehicle retail company in the United States with a focus. Albany RV sold, but Don Strollo will continue leading business RV Retailer also is picking up the cost of coveted technical certifications for service people and has launched a tech-mentor apprenticeship program. Full-width rear bathroom, king bed, HUGE hidden office room, and washer/dryer prepped! In recognition of this commitment, we are in the process of making modifications to increase the accessibility and usability of this website, using the relevant portions of the Web Content Accessibility Guidelines 2.0 (WCAG 2.0) as our standard. Reeds Trailer Sales in Petaluma, CA | Reeds Trailer Sales RVR Dealership Holdings, LLC -- Moody's says RVR Dealership's - Yahoo 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. /marketintelligence/en/news-insights/latest-news-headlines/rv-retailer-completes-596m-term-loan-repricing-200m-add-on-terms-68423404 "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. 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. 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. 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. RV Retailer is led by Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. function gtag(){dataLayer.push(arguments);} 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. We seek for life long/generational wealth that will allow for growth and the ability to provide for our family of investors. 2 Recliners, king bed, electric jacks, and an open concept floorplan! 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. 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. 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. . This website is using a security service to protect itself from online attacks. RV Retailer has 24 RV stores inArizona,Florida,Iowa, New York, North Carolina, South CarolinaandTexaswith over$1 billionin annual revenue. Redwood - Crossroads RV See dealer for details. 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. Equity LifeStyle Properties is a leading owner and operator of manufactured home communities, RV resorts and campgrounds in North America. You can include makes of RVs to help you find the RV you have been searching for. ", "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. Okechobee KOA - Okeechobee, FL Have something you need repaired or serviced on your RV? "I am excited to continue my involvement and support of RV Retailer as a Partner going forward. Redwood's primary objective is to become long-term partners with private business owners and management teams. At Blue Compass RV, we are committed to ensuring that individuals with disabilities enjoy full access to our websites. Opinions expressed by Forbes Contributors are their own. REDWOOD RV The original Redwood luxury vehicle. ExploreUSA sold approximately 5,000 RVs in 2017. Those that dropped by would find Dan contemplating how well this new venture was going to work. RV Retailer is taking advantage by consolidating much of an industry retail network that historically has been highly fragmented. Redwood Capital Investments - Overview, News & Competitors | ZoomInfo.com Contact Information Website "We are excited to partner with Scott Chaney, Brian Booker and the entire ExploreUSA management team to continue its run as a premier RV towable dealer in Texas," said Jon Ferrando, President and CEO of RV Retailer. 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. I also look forward to continuing our outstanding relationships with our valued RV manufacturer partners. Buyers order valid for 30 days from time of write up. Learn More. Fun new colors with AC, heat, radio, and an outdoor kitchen! latest-news-headlines PRICE DOES NOT INCLUDE TAX, TITLE, FREIGHT, OR PRE-DELIVERY INSPECTION. RV Retailer, LLC - Home - Facebook . 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. King bed, full-width rear bath, sleeps 6, and an outdoor kitchen! Despite our efforts, occasionally errors resulting from typos, inaccurate detail information or . Blue Compass RV | LinkedIn Stop in today to see all our RVs, and contact us for more information. We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. ", Jon Ferrando added, "We are excited to add the high-quality, premium RV product mix offered by ExploreUSA in excellent markets across Texas. REDWOOD CAPITAL MANAGEMENT, LLC Top 13F Holdings - WhaleWisdom.com RV Retailer's capital partner is Redwood Capital Investments. 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. Donny is the son of Doug O'Banion, who founded Motor Home Specialist over 20 years ago. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. 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. Sleeps 9, only 4,800lbs, roof-mounted AC, residential appliances, electric jacks, and a power awning! Premier Trailer Leasing Acquired by Redwood Capital Help Center. When we decided to purchase, we negotiated a fair price. To learn more about partnering with Redwood Capital in future investment opportunities please provide the below contact information and we will connect with you. The success of Reeds Trailer Sales isn't entirely based on their huge selection of quality . ", "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. 185.132.42.81 The repriced term loan came at par while the new money add-on priced at an original issue discount of 99.5. . BEST PRICE IN THE USA!! RiversEdge Marina - North Charleston, SC The action you just performed triggered the security solution. Fifth Wheels Class C For Sale in Tempe, az - Browse 753 Fifth Wheels Class C Near You available on RV Trader. Motor Home Specialist also provides service and parts and customer financial services to its customers. Inlet Harbour Marina - Ponce Inlet, FL Redwood Capital was formed to provide its investors a way to achieve continuous cashflow and equity secured by mobile home parks. I bought a used Motorhome from their great sales department and then had orientation where a few fixes were noted. esgSubNav, Discover more about S&P Globals offerings. 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. Chat. RV Retailer LLC will have 17 stores in Texas, Florida, New York and Iowa with $900 million in annual revenue once the acquisitions of RV One Superstores and another company, ExploreUSA, are. Redwood's primary objective is to become long-term partners with private business owners and management teams. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. 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"We also welcome ExploreUSA's 340 dedicated associates to the RV Retailer family. 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. From exploring the country, rediscovering the great outdoors, to spending precious time together. 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 Dealer in California | Bill Eads RV 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! The liquidation event is being managed by Hilco Merchant Resources, Gordon . Between our travel trailers, fifth wheels, toy haulers and motorhomes, you're sure to find an RV model that's perfect for your needs. Schedule a tour of your next recreational vehicle by . After months of searching local and nationwide ads, we had decided on what model motorhome we wanted and found it at Bill Eads RV. Stop in today to see all our RVs. . Our trained technicians are here to help you with your service needs. 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". content "Famous brings years of experience building and leading strong marketing and technology teams,"saidJon Ferrando. Find out more about parts and accessories we offer. ", "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. According to Statistical Surveys, Motor Home Specialist was the #1 volume motor home dealer in the U.S. in 2017. Cision Distribution 888-776-0942 Redwood City, CA RV Rental Deals from $12.00 | RVshare * All advertised prices exclude government fees and taxes, any finance charges, any dealer document processing charge, pre-delivery inspection and freight fees, any electronic filing charge, and any emission testing charge. Sleeps up to 8, recliners, 2 doors(one into the bathroom), king bed, and electric jacks! Full-width rear bathroom, sofa and table-connect, with a king bed!
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