Camping World Holdings to Acquire Seven Lazy Days Dealerships

November 18, 2024

Camping World Holdings, Inc. has entered into an agreement to acquire the assets and certain real estate of seven dealerships from Lazydays Holdings, Inc.

The Company estimates the transaction to be valued at approximately book value, with an estimated total net cash outlay of between $10 million to $20 million after expected proceeds from normal course third-party real estate financing. In lieu of goodwill consideration, Camping World has elected to maximize its optionality by having the deposit on the transaction convert to 9.7 million shares of Lazydays Holdings, Inc. common stock upon closing of the transaction following receipt of necessary regulatory approvals. SGB