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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! (64 miles from USA RV) New 2023 Forest River Wildwood X-Lite 263BHXL. 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. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. Redwood Capital was formed to provide its investors a way to achieve continuous cashflow and equity secured by mobile home parks. ExploreUSA also provides service and parts and customer financial services to its customers. Oceanside RV Resort - Oceanside, CA, Cortez Village Marina - Cortez, FL 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. Pair that with OEMs that have higher-quality entry-level products than 10 or 20 years ago. When typing in this field, a list of search results will appear and be automatically updated as you type. esgSubNav, Discover more about S&P Globals offerings. Redwood has a diverse portfolio of operating company investments across the. I just really appreciate the experience; they seem to have a strong & fun work culture. We offer great prices on all our RVs for sale, RV parts, and RV Service. The repriced term loan came at par while the new money add-on priced at an original issue discount of 99.5. See dealer for details. "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.". Email. It makes for a better RV experience. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. Mon - Fri 9:00am-6:00pm EST. I am grounded in autos but range broadly. 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 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 look forward to working with all of the manufacturer partners to continue to represent their RV products in a world-class manner.". To learn more about partnering with Redwood Capital in future investment opportunities please provide the below contact information and we will connect with you. Price excludes taxes, title, pre-delivery inspection, and freight. According to Statistical Surveys, Motor Home Specialist was the #1 volume motor home dealer in the U.S. in 2017. Our salesman, Bob Brandt patiently walked us through the sales process. . They provide an exceptional experience to the thousands of customers that purchase and service their RVs at ExploreUSA every year. To learn more about partnering with Redwood Capital in future investment opportunities please provide the below contact information and we will connect with you. 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. They agreed to do all of it which was terrific. Autos, and eBay as Head of eBay Motors. 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". The liquidation event is being managed by Hilco Merchant Resources, Gordon . 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. 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! function gtag(){dataLayer.push(arguments);} Ferrando and his business partners launched RV Retailer in January 2018 with the backing of Hanover, Md.-based private equity firm Redwood Capital Investments. Full-width rear bathroom with a king bed! Motor Home Specialist retailed over 2,200 RVs in 2017, generating over $275 million in revenue. "I am excited to continue my involvement and support of RV Retailer as a Partner going forward. from 8 AM - 9 PM ET. LAST ONE !!!!! Redwood Capital Investments is the private investment company for the founders of Allegis Group. Bunkroom, hidden pantry, split bath, and a king bed in the master! Schedule a tour of your next recreational vehicle by . Donny is the son of Doug O'Banion, who founded Motor Home Specialist over 20 years ago. Call 877-872-3373. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. ", "It's amazing to become part of the executive team of one of the fastest growing retailers in the United States," saidFamous Rhodes. People want to come to work for us.. As it turns out, it worked extremely well. Hidden Harbour Marina - Pampano Beach, FL "Collectively, we are in a great position to capitalize on significant growth opportunities for the business while providing excellent career opportunities for our associates. "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. Equity LifeStyle Properties is a leading owner and operator of manufactured home communities, RV resorts and campgrounds in North America. 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. All offers on approved credit. 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. Despite our efforts, occasionally errors resulting from typos, inaccurate detail information or . 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. Inlet Harbour Marina - Ponce Inlet, FL When typing in this field, a list of search results will appear and be automatically updated as you type. When looking for a place to store your RV, there are several options . We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. Honestly, I keep waiting for them to disappoint me but they dont. Murphy bed with sofa, dinette slide out, sleeps 6, power awning, and only 4,500lbs! He is especially talented at digital marketing, which will be critical to our continued growth in sales and service. Every step of the way, each interaction has been fantastic! They seemed to understand I was a "newbie" and even showed me all of the details of how to work the weight-distribution hitch they installed on my truck. At Blue Compass RV, we are committed to ensuring that individuals with disabilities enjoy full access to our websites. RV Retailer is actively seeking new acquisitions and organic growth opportunities. Redwood is "an exceptional investment partner with sufficient capital to fund our long-term growth plans," Ferrando says. Famous Rhodeswill be responsible for all marketing of the Company, reporting toJon Ferrando, CEO and President of RV Retailer, LLC. Redwood Capital Investments is the private investment company for the founders of Allegis Group. Store closing sales have commenced across all 360 Bed Bath & Beyond and 120 buybuy BABY store locations nationwide. Jon FerrandoandJohn Rizzowere instrumental in building America's largest automotive retailer from start-up to over$20 billionin revenue. Cision Distribution 888-776-0942 And the OEMs havent focused their supply networks on the repair side. 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. 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. Have a part or accessory that you need to make your RV complete? "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. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. RV Retailer, LLC is a leading recreational vehicle retail company in the United States with a focus. The term loan was previously priced at L+400, with a 0.75% Libor floor. "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 is led by Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. Fun new colors with AC, heat, radio, and an outdoor kitchen! When we decided to purchase, we negotiated a fair price. 2 Recliners, king bed, electric jacks, and an open concept floorplan! 800-930-2267 www.capitalrv.com. 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. latest-news-headlines 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 Compass RV is your go to destination for RVs. Founded in 2006, Redwood Capital Investments is a private equity firm based in Washington DC, District of Columbia. Sleeps 6, split bathroom, king bed, electric jacks, and only 5,900lbs! Skip to main content. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. content 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. 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. We seek for life long/generational wealth that will allow for growth and the ability to provide for our family of investors. ExploreUSA retails new and used towable RVs from 9 store locations in the Dallas-Fort Worth, San Antonio, Houston and Austin markets. Click to reveal In his role, Larry's team drove significant increases in revenue and profitability. The success of Reeds Trailer Sales isnt entirely based on their huge selection of quality trailers. I also look forward to continuing our outstanding relationships with our valued RV manufacturer partners. Motorized units available at selected locations. Fifth Wheels Class C For Sale in Tempe, az - Browse 753 Fifth Wheels Class C Near You available on RV Trader. Class A $12.00, Class B $85.00, Class C $99.00 and 5th Wheel Trailers $84.00. Back in 1990, Dan Reed started selling small utility trailers from what was supposed to be his used truck lot. 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. The service department was far more agreeable to taking care of them than I could have hoped for. One of the biggest opportunities for improvement that Ferrando saw was in modernizing repair service in the industry. I also look forward to continuing our outstanding relationships with our valued RV manufacturer partners. 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. RiversEdge Marina - North Charleston, SC 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. We have some of the top brand name RVs for sale at incredible prices. 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. 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. 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. 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! Das Naes Unidas 14401, Torre Hotel Chcara Santo Antnio So Paulo, BR-SP. Redwood reset the bar to a higher level, all for you! 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. Those that dropped by would find Dan contemplating how well this new venture was going to work. Tom's CamperLand is proud to be the #1 new and used RV dealership in the Southwest! This website is using a security service to protect itself from online attacks. 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. 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. . So were focused on leading the industry over the next decade in customer service and on addressing the service-capacity need.. The Fort Lauderdale, Florida-based aggregator of RV dealerships is on its way to 70 stores by December, in 24 states across the country, from its current 58 dealerships in 17 states after RV Retailer this acquired Blue Dog RV, a retailer that operates 12 stores in Washington, Idaho, Oregon, Nevada, Montana, California and Pennsylvania. 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. Pine Haven Camping Resort - Cape May Court House, NJ PRICE DOES NOT INCLUDE TAX, TITLE, FREIGHT, OR PRE-DELIVERY INSPECTION. gtag('js', new Date()); Equity LifeStyle Properties is a leading owner and operator of manufactured home communities, RV resorts and campgrounds in North America. Bay Point Marina - Marblehead, OH. Please be aware that our efforts are ongoing. Famous most recently served as Executive Vice President and CMO at Bluegreen Vacations, which went public in 2017. "This proven group of executives is building a world-class experience for consumers leveraging technology and process. We saw an opportunity to come in and focus on the customer to build a great retailer in RVs.. 185.132.42.81 gtag('config', 'UA-153158295-1'); Interested in passively investing in mobile home parks? "Motor Home Specialist is a unique and differentiated RV retail business which will provide a strong foundation for future growth. Holiday Trav-L-Park - Emerald Isle, NC 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. Between our travel trailers, fifth wheels, toy haulers and motorhomes, you're sure to find an RV model that's perfect for your needs. Explore! Opinions expressed by Forbes Contributors are their own. Sleeps 9, only 4,800lbs, roof-mounted AC, residential appliances, electric jacks, and a power awning! But I think I was most impressed with the service department (Amanda and rest of team). Save on RV rentals near Redwood City. 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! ", "I am extremely pleased to put this transaction together with the RV Retailer team," said Doug O'Banion, founder of Motor Home Specialist. RV Retailer's leadership team has over 250 years of automotive and RV retail industry experience. 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 Redwood's primary objective is to become long-term partners with private business owners and management teams. Its an array of training that no one else is doing, and its paying off within our stores and in teh stores we acquire and are opening. "There will always only be one founder of Motor Home Specialist, and it is Doug O'Banion.". /marketintelligence/en/news-insights/latest-news-headlines/rv-retailer-completes-596m-term-loan-repricing-200m-add-on-terms-68423404 "Larry has a strong track record driving sales growth, and brings great passion about supporting and developing high performing sales and service teams. Modernizing the repair-service process in the industry is one of RV Retailers main goals. 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. Scott Chaney, currently CEO and founder of ExploreUSA Supercenters, will continue his involvement with RV Retailer and ExploreUSA as a Partner. 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! The action you just performed triggered the security solution. 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 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. "Famous brings years of experience building and leading strong marketing and technology teams,"saidJon Ferrando. Okechobee KOA - Okeechobee, FL 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. Palm Harbour Marina - Cape Haze, FL Stop in today to see all our RVs, and contact us for more information. "We are excited about our new partnership with Redwood. Crossroads Redwood RVs for Sale at Camping World - the nation's largest RV & Camper Dealer. Sleeps up to 8, recliners, 2 doors(one into the bathroom), king bed, and electric jacks! 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 . 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 - Famous Rhodes Appointed Chief Marketing & Technology Officer, - Larry Hall Appointed President, ExploreUSA Supercenters, - ExploreUSA Founder Scott Chaney to Continue at Explore as Partner. 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. Lake Conroe KOA - Montgomery, TX I bought a used Motorhome from their great sales department and then had orientation where a few fixes were noted. RV Retailer's leadership team has over 200 years of automotive and RV retail industry experience. "Collectively, we are in a great position to capitalize on significant growth opportunities for the business while providing excellent career opportunities for our associates. ExploreUSA sold approximately 5,000 RVs in 2017. Jon Ferrando and John Rizzo were instrumental in building America's largest automotive retailer from start-up to . Cloudflare Ray ID: 7c0e53e89fcc23b9 Store it in your garage! RV Retailer's capital partner is Redwood Capital Investments. Visit our RV parts store to browse our entire selection. Full-width rear bathroom, dinette slide out, power awning, and only 3,400lbs! Boathouse Marina - Beaufort, NC He will also be responsible for technology and application development of the business. Hope Valley Resort - Turner, OR Your IP: Donny O'Banion will continue to lead Motor Home Specialist as CEO and will retain an ownership stake in the business. I highly recommend Bill Eads Sales & Service! Search either by zip code, state or by a specific dealer using the form. Market Intelligence ", "I am very excited to join an exceptional team at RV Retailer and to lead the ExploreUSA Supercenter business in Texas," said Larry Hall. Motor Home Specialist also provides service and parts and customer financial services to its customers. RV Retailer is actively seeking new acquisitions and organic growth opportunities. The firm seeks to invest through means of buyout and growth capital. 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. RV Retailer is led by Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. Learn More Fifth Wheels Find Your Perfect RV There are so many different types of RVs, there's definitely something for everyone. Retiring baby boomers and new younger buyers are getting into the industry and starting to enjoy the outdoor lifestyle, Ferrando told me. "We are excited about the addition of ExploreUSA to strengthen our presence in Texas and provide a strong foundation for future growth. We will continue to operate the business under the ExploreUSA retail brand name. Full-width rear bathroom, outdoor kitchen, electric jacks, recliners, and a king bed! CSA: 10/15/25 (1-month, 3-month, 6-month). There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. Alpin Haus - RV Dealership Group strives to ensure all pricing, images and information contained in this website is accurate. Website http://www.bluecompassrv.com Industries Motor Vehicle Manufacturing Company size. ", "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. Contact Information Website Our trained technicians are here to help you with your service needs.