One of the biggest opportunities for improvement that Ferrando saw was in modernizing repair service in the industry. "We are excited about the addition of ExploreUSA to strengthen our presence in Texas and provide a strong foundation for future growth. "We will benefit from Scott's continued involvement and support at RV Retailer and ExploreUSA. As it turns out, it worked extremely well. Learn More. Skip to top of Search Results . The dealer cost add-ons were clear, not a "surprise" and seemed fair for what you are getting. 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. The repriced term loan came at par while the new money add-on priced at an original issue discount of 99.5. Full-width rear bathroom, king bed, HUGE hidden office room, and washer/dryer prepped! ", "We look forward to working with Scott and Brian and the whole ExploreUSA management team through this transition" said John Rizzo, Executive Vice President and CFO of RV Retailer. RV Retailer, LLC was founded in 2018 to create a leading recreational vehicle retail company in the United States. I was anxious to get it home so took it before all items were fixed. 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 are excited to provide you with a ton of fantastic new and used models of travel trailer, toy hauler, fifth wheel, motorhome, and anything else you could want for your next RV. ", "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. 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 "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. latest-news-headlines 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. RV Retailer completes $596M term loan repricing, $200M add-on; terms Click to reveal After months of searching local and nationwide ads, we had decided on what model motorhome we wanted and found it at Bill Eads RV. When typing in this field, a list of search results will appear and be automatically updated as you type. Famous most recently served as Executive Vice President and CMO at Bluegreen Vacations, which went public in 2017. Full-width rear bathroom, sofa and table-connect, with a king bed! Your IP: Amanda gave a great walk-through to explain controls and operation of our motorhome. 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. 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. Blue Mesa Recreational Resort - Gunnison, CO Redwood has a diverse portfolio of operating company investments across the. Redwood Capital was formed to provide its investors a way to achieve continuous cashflow and equity secured by mobile home parks. They provide an exceptional experience to the thousands of customers that purchase and service their RVs at ExploreUSA every year. Jon Ferrando and John Rizzo were instrumental in building America's largest automotive retailer from start-up to . . "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. Explore! Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. At Blue Compass RV, we are committed to ensuring that individuals with disabilities enjoy full access to our websites. Were here to help create lifelong memories for you. I then noticed a couple other issues that I told them about when I brought it back. 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 . Every step of the way, each interaction has been fantastic! 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. Full-width rear bathroom, outdoor kitchen, electric jacks, recliners, and a king bed! 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. 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! Tempe, az - Fifth Wheels Class C For Sale - RV Trader Redwood's primary objective is to become long-term partners with private business owners and management teams. SEC Filings include 13F quarterly reports, 13D/G events and more. Redwood's primary strategy is to become long-term partners with private business owners and management teams. 800-930-2267 www.capitalrv.com. 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. 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. We have some of the top brand name RVs for sale at incredible prices. RV Retailer, LLC is a leading recreational vehicle retail company in the United States with a focus. Detailed Profile of REDWOOD CAPITAL MANAGEMENT, LLC portfolio of holdings. 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! We can help at our top-notch RV service center. Stop in today to see all our RVs. ExploreUSA retails new and used towable RVs from 9 store locations in the Dallas-Fort Worth, San Antonio, Houston and Austin markets. Have a part or accessory that you need to make your RV complete? Performance & security by Cloudflare. New and Used RVs for Sale in North Carolina | Bill Plemmons RV 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. RV Retailer is taking advantage by consolidating much of an industry retail network that historically has been highly fragmented. I am excited for our associates and confident that Motor Home Specialist will continue as the #1 motor home dealer in the world. 185.132.42.81 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. 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's capital partner is Redwood Capital Investments. Blue Compass RV is your go to destination for RVs. 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. 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 We have some of the top brand name RVs for sale at incredible prices. USA RV in Raleigh, NC | RV Dealer | North Carolina - RVUSA.com According to Statistical Surveys, Motor Home Specialist was the #1 volume motor home dealer in the U.S. in 2017. Famous Rhodesis a seasoned automotive executive with years of experience leading and building marketing and technology teams. Holiday Trav-L-Park - Emerald Isle, NC RV Retailer's capital partner is Redwood Capital Investments. Fifth Wheels Class C For Sale in Tempe, az - Browse 753 Fifth Wheels Class C Near You available on RV Trader. 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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. Find RV Dealers near you - Locate RV Dealerships on RV Trader. 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. RiversEdge Marina - North Charleston, SC 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. ", "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. We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. Ferrando and his business partners launched RV Retailer in January 2018 with the backing of Hanover, Md.-based private equity firm Redwood Capital Investments. Redwood Capital Investments is the private investment company for the founders of Allegis Group. ExploreUSA sold approximately 5,000 RVs in 2017. - Famous Rhodes Appointed Chief Marketing & Technology Officer, - Larry Hall Appointed President, ExploreUSA Supercenters, - ExploreUSA Founder Scott Chaney to Continue at Explore as Partner. We seek for life long/generational wealth that will allow for growth and the ability to provide for our family of investors. Redwood (50) Regency Conversions (65) Renegade (111) Riverside Rv (158) Roadtrek (175) Shasta (169) Cision Distribution 888-776-0942 * 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. Motorized units available at selected locations. Riverwatch Marina - Stuart, FL Get on board with the RVing life and let us help get you into the RV of your dreams! ", Jon Ferrando added, "We are excited to add the high-quality, premium RV product mix offered by ExploreUSA in excellent markets across Texas. Oceanside RV Resort - Oceanside, CA, Cortez Village Marina - Cortez, FL RV Dealer in California | Bill Eads RV Autos, and eBay as Head of eBay Motors. Sleeps up to 8, recliners, 2 doors(one into the bathroom), king bed, and electric jacks! from 8 AM - 9 PM ET. We will continue to operate the business under the ExploreUSA retail brand name. Sleeps 9, only 4,800lbs, roof-mounted AC, residential appliances, electric jacks, and a power awning! Find out more about parts and accessories we offer. Alpin Haus - RV is your local RV Dealer in NY. The service department was far more agreeable to taking care of them than I could have hoped for. 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. We look forward to working with all of the manufacturer partners to continue to represent their RV products in a world-class manner.". 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. 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. RV Retailer also is picking up the cost of coveted technical certifications for service people and has launched a tech-mentor apprenticeship program. Fish-Tale Marina - Ft. Myers Beach, FL Learn More Fifth Wheels Find Your Perfect RV There are so many different types of RVs, there's definitely something for everyone. 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. 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. Skip to main content. RVR Dealership Holdings, LLC -- Moody's says RVR Dealership's - Yahoo "Collectively, we are in a great position to capitalize on significant growth opportunities for the business while providing excellent career opportunities for our associates. 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). 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 is actively seeking new acquisitions and organic growth opportunities. The liquidation event is being managed by Hilco Merchant Resources, Gordon . Payments based on 8.99% interest. 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. Donny O'Banion will continue to lead Motor Home Specialist as CEO and will retain an ownership stake in the business. You can email the site owner to let them know you were blocked. We never felt hurried or pressured to make a decision. 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. About RV Retailer - Benefits, Mission Statement, & Photos | JobSage Honestly, I keep waiting for them to disappoint me but they dont. Home - Alpin Haus RV Dealership Group | Capital Region NY RV Retailer's capital partner is Redwood Capital Investments. "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's leadership team has over 250 years of automotive and RV retail industry experience. Savings percentage based on Manufacturers Suggested Retail Prices for select models for in-stock units. To learn more about partnering with Redwood Capital in future investment opportunities please provide the below contact information and we will connect with you. "We expect to complete the transaction early in the fourth quarter 2018, following manufacturer approvals and other customary conditions to closing.". ", "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. 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. 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. ExploreUSA RV Supercenter San Antonio - New and Used RV Dealer REDWOOD RV The original Redwood luxury vehicle. 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! . "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. 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. 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. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors. RV Retailer, LLC | Stephens I just really appreciate the experience; they seem to have a strong & fun work culture. Murphy bed with sofa, dinette slide out, sleeps 6, power awning, and only 4,500lbs! Cloudflare Ray ID: 7c0e53e89fcc23b9 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. He was patient and was willing to answer all my questions. From exploring the country, rediscovering the great outdoors, to spending precious time together. Call 877-872-3373. Buyers order valid for 30 days from time of write up. Dale Hollow State Park Marina - Burkesville, KY RV Retailer, LLC Acquires Motor Home Specialist "There will always only be one founder of Motor Home Specialist, and it is Doug O'Banion.". RV Retailer is led by Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. 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. Modernizing the repair-service process in the industry is one of RV Retailers main goals. Redwood partners with founders, family-business owners and management teams to build best-in-class companies over the long-term. function gtag(){dataLayer.push(arguments);} Combined, ExploreUSA and Motor Home Specialist are expected to generate approximately $500 million of revenue in 2018.". Sleeps 8, outdoor kitchen, with a separated master bedroom! We at Redwood Capital have the resources you need to gain the financial freedom to pursue your passions. 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. Larry Hall will be responsible for the day-to-day operations of ExploreUSA Supercenters in Texas, also reporting to Jon Ferrando. Hope Valley Resort - Turner, OR "We also welcome ExploreUSA's 340 dedicated associates to the RV Retailer family. Redwood Capital Investments is the private investment company for the founders of Allegis Group. 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. $33,500 Search either by zip code, state or by a specific dealer using the form. "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. Opinions expressed by Forbes Contributors are their own. Official MapQuest website, find driving directions, maps, live traffic updates and road conditions. All offers on approved credit. New 2022 Highland Ridge RV Olympia 26BH MSRP: $37,171 Sale Price: $16,900 New 2022 Highland Ridge RV Olympia 26BH MSRP: $37,171 Sale Price: $16,900 New 2022 Highland Ridge RV Olympia 26BH MSRP: $37,171 Sale Price: $16,900 New 2022 Highland Ridge RV Olympia 26BH MSRP: $37,171 Sale Price: $16,900 New 2022 Hero Camper Ranger RANGER MSRP: $39,037 They agreed to do all of it which was terrific. To learn more about partnering with Redwood Capital in future investment opportunities please provide the below contact information and we will connect with you. Sleeps 6, split bathroom, king bed, electric jacks, and only 5,900lbs! Pilot Knob RV Resort - Winterhaven, CA Back in 1990, Dan Reed started selling small utility trailers from what was supposed to be his used truck lot. Redwood reset the bar to a higher level, all for you! "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.". Capital RV is the top RV Dealer in North Dakota. Bill Eads Service Department has been exceptional! Redwood Capital Investments - Overview, News & Competitors | ZoomInfo.com Redwood Capital Investments is the private investment company for the founders of Allegis Group. Redwood - Crossroads RV 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. . 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 . Our salesman, Bob Brandt patiently walked us through the sales process. Email. BEST PRICE IN THE USA!! Bunkroom, hidden pantry, split bath, and a king bed in the master! Family Office Of Baltimore Ravens Owner Buys Car Dealerships Founded in 2006, Redwood Capital Investments is a private equity firm based in Washington DC, District of Columbia. Sleeps 9, PVC roof stays cooler, power awning, sofa and dinette, stove, oven microwave, and fridge! Sleeps 6, only 25' long and 5,600lbs, power awning, and LOTS MORE! When we decided to purchase, we negotiated a fair price. 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. He will also be responsible for technology and application development of the business. I also look forward to continuing our outstanding relationships with our valued RV manufacturer partners. Price excludes tax, title, freight, and pre-delivery inspection. Need some help? 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. Ferrando co-founded RV Retailer in 2018 with John Rizzo, who is executive vice president, chief financial officer and treasurer. ", "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. 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 . Boathouse Marina - Beaufort, NC The firm seeks to invest through means of buyout and growth capital. 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. Crossroads Redwood RVs for Sale at Camping World - the nation's largest RV & Camper Dealer. Private Master Suite, Rear Living Entertainment, Fireplace and Much More!!! Class A $12.00, Class B $85.00, Class C $99.00 and 5th Wheel Trailers $84.00. RV Retailer is actively seeking new acquisitions and organic growth opportunities. Redwood has a diverse portfolio of operating company investments across the consumer, transportation, distribution and telecom sectors.