rv retailer redwood capital

", "Doug and Sharon O'Banion were great to work with through this transition," said John Rizzo, Executive Vice President and CFO of RV Retailer. The term loan was previously priced at L+400, with a 0.75% Libor floor. Redwood RV is the foundation of luxury. "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. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. 800-930-2267 www.capitalrv.com. 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). RV Retailer's capital partner is Redwood Capital Investments. $58,477 (73 miles from USA RV) New 2023 Keystone Montana 3761FL. $33,500 Regional store brands include: RV One Superstores, Motor Home Specialist, ExploreUSA, Sonny's Camp N Travel and Tom's Camperland, which sell a wide range of new and used RV brands with thousands of RVs in inventory. 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. Redwood is "an exceptional investment partner with sufficient capital to fund our long-term growth plans," Ferrando says. $104,250 (64 miles from USA RV) Used 2020 Heartland Mallard M335. $35,950 (64 miles from USA RV) New 2017 Winnebago Winnie Drop 170K. Inlet Harbour Marina - Ponce Inlet, FL 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 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. I also look forward to continuing our outstanding relationships with our valued RV manufacturer partners. 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. When we decided to purchase, we negotiated a fair price. Redwood's primary objective is to become long-term partners with private business owners and management teams. Famous Rhodesis a seasoned automotive executive with years of experience leading and building marketing and technology teams. 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! RV Retailer is taking advantage by consolidating much of an industry retail network that historically has been highly fragmented. 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). But I think I was most impressed with the service department (Amanda and rest of team). "There will always only be one founder of Motor Home Specialist, and it is Doug O'Banion.". ExploreUSA also provides service and parts and customer financial services to its customers. Have a part or accessory that you need to make your RV complete? 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. RV Retailer also is picking up the cost of coveted technical certifications for service people and has launched a tech-mentor apprenticeship program. Motor Home Specialist also provides service and parts and customer financial services to its customers. We offer great prices on all our RVs for sale, RV parts, and RV Service. Explore! We have an expansive inventory of both New and Used RVs for sale, including motorhomes, travel trailers, fifth wheels, toy haulers, and more! Sleeps 9, only 4,800lbs, roof-mounted AC, residential appliances, electric jacks, and a power awning! 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. As a result, soon it might be possible to get your RV fixed much more quickly than RV owners have become accustomed to. Our salesman, Bob Brandt patiently walked us through the sales process. ", "I am extremely pleased to put this transaction together with the RV Retailer team," said Doug O'Banion, founder of Motor Home Specialist. "Collectively, we are in a great position to capitalize on significant growth opportunities for the business while providing excellent career opportunities for our associates. Redwood has a diverse portfolio of operating company investments across the. 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. 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. Palm Harbour Marina - Cape Haze, FL Fun new colors with AC, heat, radio, and an outdoor kitchen! According to Statistical Surveys, Motor Home Specialist was the #1 volume motor home dealer in the U.S. in 2017. Stop in today to see all our RVs. from 8 AM - 9 PM ET. In his role, Larry's team drove significant increases in revenue and profitability. content King bed, full-width rear bath, sleeps 6, and an outdoor kitchen! Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. 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. Capital RV is the top RV Dealer in North Dakota. Pine Haven Camping Resort - Cape May Court House, NJ 2 Recliners, king bed, electric jacks, and an open concept floorplan! Price excludes taxes, title, pre-delivery inspection, and freight. To learn more about partnering with Redwood Capital in future investment opportunities please provide the below contact information and we will connect with you. Help Center. Your IP: At Blue Compass RV, we are committed to ensuring that individuals with disabilities enjoy full access to our websites. 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. Retiring baby boomers and new younger buyers are getting into the industry and starting to enjoy the outdoor lifestyle, Ferrando told me. 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. 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. When looking for a place to store your RV, there are several options . The success of Reeds Trailer Sales isnt entirely based on their huge selection of quality trailers. 2022 MODEL CLEARANCE!! Hi-Lift Marina - Aventura, FL 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 will benefit from Scott's continued involvement and support at RV Retailer and ExploreUSA. I bought a used Motorhome from their great sales department and then had orientation where a few fixes were noted. ", "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. Skip to top of Search Results . "We are excited about the addition of ExploreUSA to strengthen our presence in Texas and provide a strong foundation for future growth. Sleeps 8, outdoor kitchen, with a separated master bedroom! Bill Eads Service Department has been exceptional! Buyers order valid for 30 days from time of write up. Famous most recently served as Executive Vice President and CMO at Bluegreen Vacations, which went public in 2017. 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. Donny O'Banion will continue to lead Motor Home Specialist as CEO and will retain an ownership stake in the business. 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. Redwood Capital Investments is the private investment company for the founders of Allegis Group. They agreed to do all of it which was terrific. ExploreUSA retails new and used towable RVs from 9 store locations in the Dallas-Fort Worth, San Antonio, Houston and Austin markets. Store closing sales have commenced across all 360 Bed Bath & Beyond and 120 buybuy BABY store locations nationwide. RV Retailer is actively seeking new acquisitions and organic growth opportunities. 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". 100 SE Third Avenue, Suite 1850, Fort Lauderdale, FL 33394 "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. Please be aware that our efforts are ongoing. . Sleeps 9, PVC roof stays cooler, power awning, sofa and dinette, stove, oven microwave, and fridge! "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. Call 877-872-3373. Get on board with the RVing life and let us help get you into the RV of your dreams! Redwood's primary objective is to become long-term partners with private business owners and management teams. Price excludes tax, title, freight, and pre-delivery inspection. Full-width rear bathroom, dinette slide out, power awning, and only 3,400lbs! RV Retailer's capital partner is Redwood Capital Investments. The liquidation event is being managed by Hilco Merchant Resources, Gordon . Alpin Haus - RV Dealership Group strives to ensure all pricing, images and information contained in this website is accurate. Toggle navigation . HARD TO FIND !!!! Need some help? 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! Blue Compass RV is your go to destination for RVs. I highly recommend Bill Eads Sales & Service! From exploring the country, rediscovering the great outdoors, to spending precious time together. Redwood has a diverse portfolio of operating company investments. The action you just performed triggered the security solution. Those that dropped by would find Dan contemplating how well this new venture was going to work. Full-width rear bathroom, sofa with table-connect, and a fabulous modern look! I also look forward to continuing our outstanding relationships with our valued RV manufacturer partners. If at any time you have difficulty using this website or with a particular web page or function on this site, please contact us by phone at Blue Compass RV 954-908-3645; place "Web Content Accessibility (ADA)" in the subject heading and we will make all reasonable efforts to assist you. We saw an opportunity to come in and focus on the customer to build a great retailer in RVs.. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. 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. 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 Ferrando and his business partners launched RV Retailer in January 2018 with the backing of Hanover, Md.-based private equity firm Redwood Capital Investments. 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. ", "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. Hidden Harbour Marina - Pampano Beach, FL FORT LAUDERDALE, Fla., Sept. 5, 2018 /PRNewswire/ -- RV Retailer, LLC announced today that it signed an agreement to acquire ExploreUSA Supercenter (www.exploreusa.com), the #2 volume RV dealer in Texas, from Scott Chaney and Brian Booker, who will continue to lead ExploreUSA and will retain an ownership stake in the business. Lake Conroe KOA - Montgomery, TX Learn More. Website http://www.bluecompassrv.com Industries Motor Vehicle Manufacturing Company size. Visit our RV parts store to browse our entire selection. "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, backed by Redwood Capital, is a U.S. recreational vehicle retail company providing new and used RV sales, service and parts, and financial services. RV Retailer is led by co-foundersJon Ferrando, Chief Executive Officer and President, andJohn Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. RV Retailer is led by Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. . Motorized units available at selected locations. Bay Point Marina - Marblehead, OH. Jon FerrandoandJohn Rizzowere instrumental in building America's largest automotive retailer from start-up to over$20 billionin revenue. Redwood (50) Regency Conversions (65) Renegade (111) Riverside Rv (158) Roadtrek (175) Shasta (169) "Collectively, we are in a great position to capitalize on significant growth opportunities for the business while providing excellent career opportunities for our associates. 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. Okechobee KOA - Okeechobee, FL Down payment of the tax plus 20%. 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. RV Retailer's capital partner is Redwood Capital Investments. Redwood Capital was formed to provide its investors a way to achieve continuous cashflow and equity secured by mobile home parks. To learn more about partnering with Redwood Capital in future investment opportunities please provide the below contact information and we will connect with you. Full-width rear bathroom, outdoor kitchen, electric jacks, recliners, and a king bed! Class A $12.00, Class B $85.00, Class C $99.00 and 5th Wheel Trailers $84.00. Have something you need repaired or serviced on your RV? "Motor Home Specialist is a unique and differentiated RV retail business which will provide a strong foundation for future growth. ", "I am very excited to join an exceptional team at RV Retailer and to lead the ExploreUSA Supercenter business in Texas," said Larry Hall. The dealer cost add-ons were clear, not a "surprise" and seemed fair for what you are getting. from 8 AM - 9 PM ET. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Blue Mesa Recreational Resort - Gunnison, CO Mon - Fri 9:00am-6:00pm EST. PRICE DOES NOT INCLUDE TAX, TITLE, FREIGHT, OR PRE-DELIVERY INSPECTION. gtag('config', 'UA-153158295-1'); Interested in passively investing in mobile home parks? 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. window.dataLayer = window.dataLayer || []; We have some of the top brand name RVs for sale at incredible prices. BEST PRICE IN THE USA!! After months of searching local and nationwide ads, we had decided on what model motorhome we wanted and found it at Bill Eads RV. We would recommend Bill Eads RV. Find RV Dealers near you - Locate RV Dealerships on RV Trader. We seek for life long/generational wealth that will allow for growth and the ability to provide for our family of investors. Stop in today to see all our RVs, and contact us for more information. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. RV Retailer's leadership team has over 200 years of automotive and RV retail industry experience. Cision Distribution 888-776-0942 Redwood reset the bar to a higher level, all for you! As it turns out, it worked extremely well. Goldman Sachs was sole lead arranger on the deal. One of the biggest opportunities for improvement that Ferrando saw was in modernizing repair service in the industry. RV Retailer, LLC is a leading recreational vehicle retail company in the United States with a focus. "We expect to complete the transaction early in the fourth quarter 2018, following manufacturer approvals and other customary conditions to closing.". They provide an exceptional experience to the thousands of customers that purchase from Motor Home Specialist every year. 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. 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 Fish-Tale Marina - Ft. Myers Beach, FL I was anxious to get it home so took it before all items were fixed. Tom's CamperLand is proud to be the #1 new and used RV dealership in the Southwest! Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. - Famous Rhodes Appointed Chief Marketing & Technology Officer, - Larry Hall Appointed President, ExploreUSA Supercenters, - ExploreUSA Founder Scott Chaney to Continue at Explore as Partner. If you want some more help finding that perfect, dream RV, just contact us today for all of the details at Bill Eads RV - your favorite new and used RV dealer in California! 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. Das Naes Unidas 14401, Torre Hotel Chcara Santo Antnio So Paulo, BR-SP. He will also be responsible for technology and application development of the business. Save on RV rentals near Redwood City. 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. REDWOOD RV The original Redwood luxury vehicle. 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. Back in 1990, Dan Reed started selling small utility trailers from what was supposed to be his used truck lot. Oceanside RV Resort - Oceanside, CA, Cortez Village Marina - Cortez, FL 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. He is especially talented at digital marketing, which will be critical to our continued growth in sales and service. 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: You can include makes of RVs to help you find the RV you have been searching for. Hope Valley Resort - Turner, OR Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. He was patient and was willing to answer all my questions. ", "It's amazing to become part of the executive team of one of the fastest growing retailers in the United States," saidFamous Rhodes. Detailed Profile of REDWOOD CAPITAL MANAGEMENT, LLC portfolio of holdings. 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. . Opinions expressed by Forbes Contributors are their own. Official MapQuest website, find driving directions, maps, live traffic updates and road conditions. RV Retailer's leadership team has over 250 years of automotive and RV retail industry experience. We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. Bunkroom, hidden pantry, split bath, and a king bed in the master! JW Marriott Sao Paulo Av. As the capital of California, there are many ways to spend a few days in historic Sacramento, including the Leland Stanford Mansion State Historic Park. Every step of the way, each interaction has been fantastic! "We also welcome Motor Home Specialist's 140 dedicated associates to the RV Retailer family. Ferrando cut his management teeth under the late Wayne Huizenga, who built AutoNation with a similar approach by rolling up hundreds of independent auto dealers over a few decades into Americas largest car-dealing corporation. 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. 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. Bismarck (800) 930-2267. . Despite our efforts, occasionally errors resulting from typos, inaccurate detail information or . We can help at our top-notch RV service center. Find nearby businesses, restaurants and hotels. I am grounded in autos but range broadly. 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. Learn More Fifth Wheels Find Your Perfect RV There are so many different types of RVs, there's definitely something for everyone. "I am excited to continue my involvement and support of RV Retailer as a Partner going forward. 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 . Amanda gave a great walk-through to explain controls and operation of our motorhome. 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. CSA: 10/15/25 (1-month, 3-month, 6-month). 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 focusing in the U.S. Southeast but executing nationwide. RiversEdge Marina - North Charleston, SC Larry Hall will be responsible for the day-to-day operations of ExploreUSA Supercenters in Texas, also reporting to Jon Ferrando. If you are looking for an awesome price on your next RV, look no further than Bill Eads RV! Equity LifeStyle Properties is a leading owner and operator of manufactured home communities, RV resorts and campgrounds in North America. 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! 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. According to Statistical Surveys, Motor Home Specialist was the #1 volume motor home dealer in the U.S. in 2017. Equity LifeStyle Properties is a leading owner and operator of manufactured home communities, RV resorts and campgrounds in North America. esgSubNav, Discover more about S&P Globals offerings. 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.

Alpine Valley Restaurant Menu, Articles R