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. 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 also welcome Motor Home Specialist's 140 dedicated associates to the RV Retailer family. 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. content window.dataLayer = window.dataLayer || []; /marketintelligence/en/news-insights/latest-news-headlines/rv-retailer-completes-596m-term-loan-repricing-200m-add-on-terms-68423404 Text 757-378-0711. 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. Contact Information Website New 2022 Braxton Creek Free Solo Plus KITCH, New 2022 HERO CAMPER RANGER W SKYBOX HERO RANGER, New 2022 Cruiser Radiance Ultra Lite 21RB, New 2022 Winnebago Industries Towables Minnie 2201MB, New 2022 Winnebago Industries Towables Minnie 2301BHS, New 2022 CrossRoads RV Sunset Trail 253RB, New 2022 Cruiser Radiance Ultra Lite 26KB, New 2022 Palomino SolAire Ultra Lite 294DBHS, New 2022 Cruiser Radiance Ultra Lite 27DD, New 2022 CrossRoads RV Sunset Trail SS212RB, New 2022 Winnebago Industries Towables Micro Minnie FLX 2108FBS, New 2022 Cruiser Radiance Ultra Lite 27RE, New 2022 Cruiser Twilight Signature TWS 2600, New 2022 Winnebago Industries Towables Micro Minnie FLX 2108TB, New 2022 Cruiser Twilight Select SEL 2300, New 2022 Cruiser Twilight Signature TWS 2690, New 2022 Winnebago Industries Towables Micro Minnie FLX 2306BHS, New 2022 Cruiser Twilight Signature TWS 2800. Full-width rear bathroom, king bed, HUGE hidden office room, and washer/dryer prepped! Find out more about parts and accessories we offer. As your favorite new and used RV dealer in the country, we are dedicated to providing you with the top name brands in the RVing industry! Competing dealer will be any licensed RV dealership as recognized by the State in which the dealer operates and is not a Camping World RV Sales or FreedomRoads dealer Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. RV Retailer is led by co-foundersJon Ferrando, Chief Executive Officer and President, andJohn Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. BEST PRICE IN THE USA!! Full-width rear bathroom, outdoor kitchen, electric jacks, recliners, and a king bed! Full-width rear bathroom, dinette slide out, power awning, and only 3,400lbs! Visit our RV parts store to browse our entire selection. Between our travel trailers, fifth wheels, toy haulers and motorhomes, you're sure to find an RV model that's perfect for your needs. 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! Payments based on 8.99% interest. 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. Cloudflare Ray ID: 7c0e53e89fcc23b9 $58,477 (73 miles from USA RV) New 2023 Keystone Montana 3761FL. ", "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. 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. "We also welcome ExploreUSA's 340 dedicated associates to the RV Retailer family. Fish-Tale Marina - Ft. Myers Beach, FL We have some of the top brand name RVs for sale at incredible prices. Jon FerrandoandJohn Rizzowere instrumental in building America's largest automotive retailer from start-up to over$20 billionin revenue. ExploreUSA sold approximately 5,000 RVs in 2017. RV Retailer is taking advantage by consolidating much of an industry retail network that historically has been highly fragmented. "Larry has a strong track record driving sales growth, and brings great passion about supporting and developing high performing sales and service teams. 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. . Autos, and eBay as Head of eBay Motors. Learn More. At Blue Compass RV, we are committed to ensuring that individuals with disabilities enjoy full access to our websites. 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. Ferrando and his business partners launched RV Retailer in January 2018 with the backing of Hanover, Md.-based private equity firm Redwood Capital Investments. Store it in your garage! Okechobee KOA - Okeechobee, FL Toggle navigation . 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. Boathouse Marina - Beaufort, NC Stop in today to see all our RVs. Bay Point Marina - Marblehead, OH. 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. . Redwood Capital Investments is the private investment company for the founders of Allegis Group. 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. from 8 AM - 9 PM ET. Oceanside RV Resort - Oceanside, CA, Cortez Village Marina - Cortez, FL RV Retailer has 24 RV stores inArizona,Florida,Iowa, New York, North Carolina, South CarolinaandTexaswith over$1 billionin annual revenue. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. gtag('config', 'UA-153158295-1'); Interested in passively investing in mobile home parks? ", "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. "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. Redwood Capital Investments is the private investment company for the founders of Allegis Group. ", "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. . RV Retailer's leadership team has over 250 years of automotive and RV retail industry experience. Redwood's primary objective is to become long-term partners with private business owners and management teams. Official MapQuest website, find driving directions, maps, live traffic updates and road conditions. Sleeps up to 8, recliners, 2 doors(one into the bathroom), king bed, and electric jacks! All offers on approved credit. Honestly, I keep waiting for them to disappoint me but they dont. Motor Home Specialist retails new and used motor homes and towable RVs from its flagship 80-acre RV dealership facility located in Alvarado, TX in the Dallas-Fort Worth market. So were focused on leading the industry over the next decade in customer service and on addressing the service-capacity need.. 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). 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. Full-width rear bathroom, sofa with table-connect, and a fabulous modern look! 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's capital partner is Redwood Capital Investments. Schedule a tour of your next recreational vehicle by . Amanda gave a great walk-through to explain controls and operation of our motorhome. Pine Haven Camping Resort - Cape May Court House, NJ We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. HARD TO FIND !!!! 2 Recliners, king bed, electric jacks, and an open concept floorplan! Motorized units available at selected locations. We offer great prices on all our RVs for sale, RV parts, and RV Service. We would recommend Bill Eads RV. Find RV Dealers near you - Locate RV Dealerships on RV Trader. Need some help? Pair that with OEMs that have higher-quality entry-level products than 10 or 20 years ago. Detailed Profile of REDWOOD CAPITAL MANAGEMENT, LLC portfolio of holdings. 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. 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 Holiday Trav-L-Park - Emerald Isle, NC We have an expansive inventory of both New and Used RVs for sale, including motorhomes, travel trailers, fifth wheels, toy haulers, and more! "I am excited to continue my involvement and support of RV Retailer as a Partner going forward. 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. Ferrando co-founded RV Retailer in 2018 with John Rizzo, who is executive vice president, chief financial officer and treasurer. Riverwatch Marina - Stuart, FL See dealer for details. 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. - Dallas/Fort Worth, San Antonio, Houston and Austin Markets. RV Retailer's capital partner is Redwood Capital Investments. Bill Eads Service Department has been exceptional! Lake Conroe KOA - Montgomery, TX As I get ready to start my life on the road, I feel completely taken care of and confident in my new (used) home on wheels. - Famous Rhodes Appointed Chief Marketing & Technology Officer, - Larry Hall Appointed President, ExploreUSA Supercenters, - ExploreUSA Founder Scott Chaney to Continue at Explore as Partner. We saw an opportunity to come in and focus on the customer to build a great retailer in RVs.. Performance & security by Cloudflare. "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. Store closing sales have commenced across all 360 Bed Bath & Beyond and 120 buybuy BABY store locations nationwide. Price excludes taxes, title, pre-delivery inspection, and freight. 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. Equity LifeStyle Properties is a leading owner and operator of manufactured home communities, RV resorts and campgrounds in North America. The service department was far more agreeable to taking care of them than I could have hoped for. I went into the experience with a lot of fear given this was my first travel trailer and the whole industry seems to have a poor reputation, but they made my experience super easy and pleasant.The sales experience (Terry) was very easy, and I didn't feel any pressure. One of the biggest opportunities for improvement that Ferrando saw was in modernizing repair service in the industry. From exploring the country, rediscovering the great outdoors, to spending precious time together. LAST ONE !!!!! The action you just performed triggered the security solution. JW Marriott Sao Paulo Av. 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. Goldman Sachs was sole lead arranger on the deal. Redwood's primary strategy is to become long-term partners with private business owners and management teams. Have a part or accessory that you need to make your RV complete? We seek for life long/generational wealth that will allow for growth and the ability to provide for our family of investors. 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. The dealer cost add-ons were clear, not a "surprise" and seemed fair for what you are getting. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. RV Retailer is actively seeking new acquisitions and organic growth opportunities. Motor Home Specialist retailed over 2,200 RVs in 2017, generating over $275 million in revenue. Those that dropped by would find Dan contemplating how well this new venture was going to work. (64 miles from USA RV) New 2023 Forest River Wildwood X-Lite 263BHXL. I also look forward to continuing our outstanding relationships with our valued RV manufacturer partners. RV Retailer, LLC is a leading recreational vehicle retail company in the United States with a focus. 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. RV Retailer's capital partner is Redwood Capital Investments. Palm Harbour Marina - Cape Haze, FL RV Retailer's capital partner is Redwood Capital Investments. "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.". Opinions expressed by Forbes Contributors are their own. Redwood (50) Regency Conversions (65) Renegade (111) Riverside Rv (158) Roadtrek (175) Shasta (169) $18,480 (102 miles from USA RV) New 2023 Keystone Arcadia 332SLRL. . He was patient and was willing to answer all my questions. We never felt hurried or pressured to make a decision. Cision Distribution 888-776-0942 They provide an exceptional experience to the thousands of customers that purchase from Motor Home Specialist every year. 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. Capital RV is the top RV Dealer in North Dakota. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. 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. RV Retailer, LLC was founded in 2018 to create a leading recreational vehicle retail company in the United States. 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). 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. You can include makes of RVs to help you find the RV you have been searching for. Welcome to Tom's CamperLand. Our salesman, Bob Brandt patiently walked us through the sales process. RV Retailer's leadership team has over 200 years of automotive and RV retail industry experience. 86% of retail CFD accounts lose money, http://www.prnewswire.com/news-releases/rv-retailer-llc-acquires-motor-home-specialist-300675163.html, Registration on or use of this site constitutes acceptance of our. 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 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! Crossroads Redwood RVs for Sale at Camping World - the nation's largest RV & Camper Dealer. Hidden Harbour Marina - Pampano Beach, FL According to Statistical Surveys, Motor Home Specialist was the #1 volume motor home dealer in the U.S. in 2017.

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