Category: Recent Transactions

Camping World Holdings Inc. (NYSE: CWH), today (Nov. 28) announced an agreement to acquire RV Solutions Inc., a family-owned RV dealership group in San Diego, Calif. Over the years, the RV Solutions Group has proudly served the San Diego area with multiple brands of towable and motorized RVs. We look forward to carrying on the tradition of their exceptional selection and service and growing the local RV and outdoor community in southern California.” This transaction includes two RV dealership locations, RV Solutions and Airstream of San Diego, along with one…

Cedarline Outdoor, a Halmos Capital Partners portfolio company, is pleased to announce the acquisition of the Jonestown/Hershey NE KOA Campground located in Jonestown, Pennsylvania. This KOA park features 86 RV sites, three cabins and 12 tent sites. This marks Cedarline’s third acquisition in the Northeast along with its Twin Mountain and Littleton KOA parks in New Hampshire. This acquisition furthers our disciplined strategy of acquiring parks which have a demonstrated history of well-executed operations and customer satisfaction. We look forward to building upon the existing legacy with select improvements identified…

Lanier’s Campground in Surf City recently changed hands in a $21 million deal with buyer TRG Resorts, an outdoor hospitality company based in Florida. TRG officials said they plan to modernize and improve the landmark property, now called The Inlet at Lanier Pointe RV Campground. RV Boom TRG Resorts owns nine properties, four of them within 30 minutes of The Inlet at Lanier Pointe. The RV Industry Association estimated in a 2022 report that the industry the group represents had a $140 billion impact on the US economy. The COVID-19…

The Western Reserve Park RV Resort & Campground has sold to a Tennessee outfit for $1.65 million, according to records from the Mahoning County Auditor’s office. Records show that Empire Properties 10 LLC, based in Winchester, Tenn., purchased the 69-acre site from Chris Pater LLC on Oct. 20. The park markets itself as a “family-owned campground offering fun activities for all ages” according to its Facebook page, and provides outdoor recreation such as swimming, camping, fishing and sand volleyball. Calls to the park seeking comment were not returned in time…

Yogi Singh, Stewart Garland and Pushkal Basavaraj continue to show their appetite for campgrounds and nuts. The trio, through their firms, National Land Lease Capital and AgCold, have made two additions to their business this summer. Last month, in the foothills of western Massachusetts, they purchased Prospect Mountain Camping Resort for around $8 million. This was a family that had owned this property for over 10 years and found itself in the age old situation of determining what’s next and determining whether or not succession was part of the equation…

Ocean City, MD-based outdoor hospitality specialist, Blue Water, continues its rapid expansion with the recent acquisition of Endless Caverns. Located on 265 acres in the Shenandoah Valley against the breathtaking backdrop of the Massanutten Mountains, Endless Caverns offers a breathtaking on-site cavern system for guests to enjoy, elevating the standard for adventure and setting the bar for fully contained resort vacation destinations. The caverns include 148 pull-through & back-in RV sites, nature trails for hiking and biking, a zero-entry pool, a catch and release fishing pond, and more. The resort also…

No immediate changes are expected to impact campers at Port Huron Township’s recreational vehicle park this season as the final sale of the property moves forward with a new owner. The township’s board approved a $2 million purchase agreement with a 90-day due diligence period with Steve Ureel, president and CEO of Rochester-based Parkbridge Investment Group, Inc. in January. And earlier this month, a deed for the purchase of the park, 2301 Water St., to Ureel’s PH RV Resort LLC at $1.7 million was filed with the St. Clair County…