rv retailer redwood capital
function gtag(){dataLayer.push(arguments);} * 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. According to Statistical Surveys, Motor Home Specialist was the #1 volume motor home dealer in the U.S. in 2017. 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 Our primary objective is the security of our investors capital making certain that we are investing our efforts with knowledgeable asset managers, and syndication teams to provide. 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, LLC Acquires Motor Home Specialist - Dallas/Fort Worth, San Antonio, Houston and Austin Markets. 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. To learn more about partnering with Redwood Capital in future investment opportunities please provide the below contact information and we will connect with you. Alpin Haus - RV is your local RV Dealer in NY. $33,500 Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. SEC Filings include 13F quarterly reports, 13D/G events and more. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. content We have an expansive inventory of both New and Used RVs for sale, including motorhomes, travel trailers, fifth wheels, toy haulers, and more! 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! There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. People want to come to work for us.. I highly recommend Bill Eads Sales & Service! ", "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 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. Click to reveal Opinions expressed by Forbes Contributors are their own. Redwood is "an exceptional investment partner with sufficient capital to fund our long-term growth plans," Ferrando says. LAST ONE !!!!! 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. Bill Eads Service Department has been exceptional! Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. Full-width rear bathroom, outdoor kitchen, electric jacks, recliners, and a king bed! Between our travel trailers, fifth wheels, toy haulers and motorhomes, you're sure to find an RV model that's perfect for your needs. ", "I am extremely pleased to put this transaction together with the RV Retailer team," said Doug O'Banion, founder of Motor Home Specialist. Premier Trailer Leasing Acquired by Redwood Capital The term loan was previously priced at L+400, with a 0.75% Libor floor. Store Closing Sales Begin Across All Bed Bath & Beyond and buybuy BABY Blue Compass RV is your go to destination for RVs. Scott Chaney, currently CEO and founder of ExploreUSA Supercenters, will continue his involvement with RV Retailer and ExploreUSA as a Partner. We would recommend 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! We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. "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. 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. 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. Tom's CamperLand is proud to be the #1 new and used RV dealership in the Southwest! Full-width rear bathroom, sofa and table-connect, with a king bed! Stop in today to see all our RVs. Get on board with the RVing life and let us help get you into the RV of your dreams! "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.". 800-930-2267 www.capitalrv.com. We have some of the top brand name RVs for sale at incredible prices. Sleeps 6, split bathroom, king bed, electric jacks, and only 5,900lbs! You can get an RV for sale in San Antonio when you visit our dealership that's conveniently located at 8615 West Highway 90, San Antonio, TX 78227. We have a wide selection of incredible RVs for you to check out at all of our central Arizona locations, plus our newest location in Tucson.From highly popular travel trailers to luxurious fifth wheels, and even amazing class A and class C motorhomes; Tom's Camperland is excited . Fun new colors with AC, heat, radio, and an outdoor kitchen! From exploring the country, rediscovering the great outdoors, to spending precious time together. 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 . King bed, full-width rear bath, sleeps 6, and an outdoor kitchen! ", "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. Down payment of the tax plus 20%. Redwood's primary strategy is to become long-term partners with private business owners and management teams. ", 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. Your IP: 100 SE Third Avenue, Suite 1850, Fort Lauderdale, FL 33394 RV Retailer's leadership team has over 250 years of automotive and RV retail industry experience. The repriced term loan came at par while the new money add-on priced at an original issue discount of 99.5. "Famous brings years of experience building and leading strong marketing and technology teams,"saidJon Ferrando. gtag('config', 'UA-153158295-1'); Interested in passively investing in mobile home parks? Were here to help create lifelong memories for you. 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. Pair that with OEMs that have higher-quality entry-level products than 10 or 20 years ago. ", "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. 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. Palm Harbour Marina - Cape Haze, FL 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. RV Retailer is actively seeking new acquisitions and organic growth opportunities. 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. Acquisitions Shaking Up Dealer Sector - RV PRO Founded in 2006, Redwood Capital Investments is a private equity firm based in Washington DC, District of Columbia. The action you just performed triggered the security solution. Price excludes taxes, title, pre-delivery inspection, and freight. When we decided to purchase, we negotiated a fair price. 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. window.dataLayer = window.dataLayer || []; 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 They agreed to do all of it which was terrific. $58,477 (73 miles from USA RV) New 2023 Keystone Montana 3761FL. 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. At Blue Compass RV, we are committed to ensuring that individuals with disabilities enjoy full access to our websites. 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 . 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. RV Retailer, LLC was founded in 2018 to create a leading recreational vehicle retail company in the United States. Chat. Combined, ExploreUSA and Motor Home Specialist are expected to generate approximately $500 million of revenue in 2018.". 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 Payments based on 8.99% interest. "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 Agrees to Acquire ExploreUSA RV Supercenter "Motor Home Specialist is a unique and differentiated RV retail business which will provide a strong foundation for future growth. Redwood Capital Investments - Overview, News & Competitors | ZoomInfo.com RV Retailer Keeps Expanding, Bets Big On Continuing Boom In Sales Riverwatch Marina - Stuart, FL We will continue to operate the business under the Motor Home Specialist retail brand name which has been built successfully over the past 20 years. 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. 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. Blue Mesa Recreational Resort - Gunnison, CO /marketintelligence/en/news-insights/latest-news-headlines/rv-retailer-completes-596m-term-loan-repricing-200m-add-on-terms-68423404 About RV Retailer - Benefits, Mission Statement, & Photos | JobSage 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. Lake Conroe KOA - Montgomery, TX RV Dealer in California | Bill Eads RV 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. But I think I was most impressed with the service department (Amanda and rest of team). Website http://www.bluecompassrv.com Industries Motor Vehicle Manufacturing Company size. Store it in your garage! 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! . You can email the site owner to let them know you were blocked. Famous Rhodesis a seasoned automotive executive with years of experience leading and building marketing and technology teams. We have some of the top brand name RVs for sale at incredible prices. Have a part or accessory that you need to make your RV complete? Oceanside RV Resort - Oceanside, CA, Cortez Village Marina - Cortez, FL Reeds Trailer Sales in Petaluma, CA | Reeds Trailer Sales REDWOOD CAPITAL MANAGEMENT, LLC Top 13F Holdings - WhaleWisdom.com $104,250 (64 miles from USA RV) Used 2020 Heartland Mallard M335. 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They provide an exceptional experience to the thousands of customers that purchase and service their RVs at ExploreUSA every year. REDWOOD RV The original Redwood luxury vehicle. Pine Haven Camping Resort - Cape May Court House, NJ As a result, soon it might be possible to get your RV fixed much more quickly than RV owners have become accustomed to. Private Master Suite, Rear Living Entertainment, Fireplace and Much More!!! 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. "We are excited about the addition of ExploreUSA to strengthen our presence in Texas and provide a strong foundation for future growth. ", "It's amazing to become part of the executive team of one of the fastest growing retailers in the United States," saidFamous Rhodes. - Famous Rhodes Appointed Chief Marketing & Technology Officer, - Larry Hall Appointed President, ExploreUSA Supercenters, - ExploreUSA Founder Scott Chaney to Continue at Explore as Partner. 2 Recliners, king bed, electric jacks, and an open concept floorplan! 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. It makes for a better RV experience. 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. Redwood Capital Investments is the private investment company for the founders of Allegis Group. So, among other things, RV Retailer has launched what Ferrando called the industrys biggest-ever training and development program, including millions of dollars of investment in three regional training centers that boast 100 service bays for hands-on technical training and state-of-the-art technology for classroom training. Price excludes tax, title, freight, and pre-delivery inspection. When looking for a place to store your RV, there are several options . 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. The success of Reeds Trailer Sales isnt entirely based on their huge selection of quality trailers. 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. Skip to main content. "We also welcome ExploreUSA's 340 dedicated associates to the RV Retailer family. Full-width rear bathroom, sofa with table-connect, and a fabulous modern look! RV Retailer, LLC is a leading recreational vehicle retail company in the United States with a focus. Hi-Lift Marina - Aventura, FL "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. 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. So were focused on leading the industry over the next decade in customer service and on addressing the service-capacity need.. ", Jon Ferrando added, "We are excited to add the high-quality, premium RV product mix offered by ExploreUSA in excellent markets across Texas. The dealer cost add-ons were clear, not a "surprise" and seemed fair for what you are getting. BEST PRICE IN THE USA!! Official MapQuest website, find driving directions, maps, live traffic updates and road conditions. Home - Alpin Haus RV Dealership Group | Capital Region NY He will also be responsible for technology and application development of the business. 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 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. 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). "This proven group of executives is building a world-class experience for consumers leveraging technology and process. Bunkroom, hidden pantry, split bath, and a king bed in the master! ", "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. 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. Hope Valley Resort - Turner, OR PRICE DOES NOT INCLUDE TAX, TITLE, FREIGHT, OR PRE-DELIVERY INSPECTION. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. Contact Information Website Equity LifeStyle Properties is a leading owner and operator of manufactured home communities, RV resorts and campgrounds in North America. latest-news-headlines . RV Retailer, LLC - Home - Facebook Sleeps 6, only 25' long and 5,600lbs, power awning, and LOTS MORE! And the OEMs havent focused their supply networks on the repair side. 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. esgSubNav, Discover more about S&P Globals offerings. Blue Compass RV | LinkedIn Larry Hall will be responsible for the day-to-day operations of ExploreUSA Supercenters in Texas, also reporting to Jon Ferrando. Market Intelligence RV Retailer: Revenue, Competitors, Alternatives - Growjo Das Naes Unidas 14401, Torre Hotel Chcara Santo Antnio So Paulo, BR-SP. $35,950 (64 miles from USA RV) New 2017 Winnebago Winnie Drop 170K. 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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. Redwood RV - The pinnacle of luxury. - THOR Industries 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. One of the biggest opportunities for improvement that Ferrando saw was in modernizing repair service in the industry. Bismarck (800) 930-2267. The transaction lowered the spread on the facility to 375 basis points over the secured overnight financing rate plus a credit spread adjustment. We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. 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. JW Marriott Sao Paulo Av. Family Office Of Baltimore Ravens Owner Buys Car Dealerships Tempe, az - Fifth Wheels Class C For Sale - RV Trader HARD TO FIND !!!! Redwood Capital Investments is the private investment company for the founders of Allegis Group. 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RV Retailer completes $596M term loan repricing, $200M add-on; terms, IR In Focus | Episode 4: Insights to Navigate Investor Activism, Masters of Risk | Episode 2: A Discussion with Ilya Khaykin, According to Market Intelligence, April 2023. Goldman Sachs was sole lead arranger on the deal. As it turns out, it worked extremely well. 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. Retiring baby boomers and new younger buyers are getting into the industry and starting to enjoy the outdoor lifestyle, Ferrando told me. "While it was difficult for me to retire from the business, it was important for me to secure the future of Motor Home Specialist under the leadership of my son Donny O'Banion and with the right business partners. The firm seeks to invest through means of buyout and growth capital. Pilot Knob RV Resort - Winterhaven, CA ", "I look forward to partnering with Jon Ferrando and the RV Retailer team as we look to continue growing ExploreUSA," said Scott Chaney, CEO of ExploreUSA. Jon FerrandoandJohn Rizzowere instrumental in building America's largest automotive retailer from start-up to over$20 billionin revenue. If you are looking for an awesome price on your next RV, look no further than Bill Eads RV! Back in 1990, Dan Reed started selling small utility trailers from what was supposed to be his used truck lot. 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: RV Retailer has 24 RV stores inArizona,Florida,Iowa, New York, North Carolina, South CarolinaandTexaswith over$1 billionin annual revenue. 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. Our trained technicians are here to help you with your service needs. "Larry has a strong track record driving sales growth, and brings great passion about supporting and developing high performing sales and service teams. 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. 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. Find RV Dealers near you - Locate RV Dealerships on RV Trader. RV Retailer, LLC to Acquire RV One Superstores, Inc. 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. We can help at our top-notch RV service center. Welcome to Tom's CamperLand. 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