SC&H Capital, the investment banking and advisory arm of SC&H Group, announced today the acquisition of its client, Reines RV Center, by Camping World Holdings, Inc. (NYSE: CWH).
Lindsey Reines, President of the Company, noted that the family owned operator of RV dealerships and service centers was founded more than 70 years ago by his father to serve customers from their original Manassas, Virginia location. In recent years, the Company expanded and opened a second location in Ashland, Virginia.
Camping World Holdings, Inc. is a Lincolnshire, Ill.-based public corporation that specializes in the sale of recreational vehicles, parts, and service. The Reines RV Center acquisition is the most recent acquisition by Camping World in an effort to further expand their footprint in the state of Virginia.
“I am pleased to partner with Camping World on a transaction that will allow our team at Reines RV to continue to provide our customers with the same level of quality and service that we have been known for over the last 70 years,” said Reines. “Greg and the entire team at SC&H Capital were very helpful in leading me throughout the transaction process and ensuring a successful outcome for the company.”
“We enjoyed working with Lindsey on bringing to fruition this exciting opportunity for the Reines family of dealerships to join the nationwide footprint of Camping World,” said Gregory Hogan, Director, SC&H Capital. “The transaction represents a win-win for Reines RV and Camping World as they focus on executing a shared vision of continued excellent customer service in the growing outdoor recreation industry.”
The transaction is the latest sell side advisory deal for SC&H Capital and represents the firm’s 9th closed transaction of 2017. Offit Kurman provided legal advice on the transaction.
About SC&H Capital
SC&H Capital, an affiliate of SC&H Group, is an investment banking and advisory firm providing merger and acquisition (M&A), employee stock ownership plan (ESOP), capital raising, and business valuation solutions to middle market and growth companies nationwide. SC&H Capital delivers investment banking and advisory services across numerous industries including technology, healthcare, manufacturing, and government contracting to help owners achieve their exit planning goals and liquidity objectives. To learn more visit www.scandhcapital.com.