December 21, 2014 8:09 AM ET

Specialty Retail

Company Overview of Camping World, Inc.

Company Overview

Camping World, Inc. operates as a direct marketer and specialty retailer of new and used recreational vehicles (RV), RV supplies, and outdoor camping accessories and services. The company offers appliances, awnings and shade, bikes, boats and all terrain vehicles, books, games and magazines, camping and tailgating, chairs, tables and mats, covers and storage, electrical products, electronics, grills and picnic supplies, hardware and maintenance products, home and garden supplies, indoor living products, pet products, plumbing products, and towing and automotive supplies. The company also provides RV tires, service and maintenance, product installation, collision repair, and parts, as well as...

650 Three Springs Road

Bowling Green, KY 42104

United States

Founded in 1966

Phone:

270-781-2718

Fax:

270-796-8991

Key Executives for Camping World, Inc.

Chairman
Age: 40
Founder
Age: 70
Chief Operating Officer
Age: 58
Senior Vice President of Communications
Creative Director
Compensation as of Fiscal Year 2014.

Camping World, Inc. Key Developments

Camping World and Good Sam Club Announce Acquisition of Ok Trailer in Idaho Falls, Idaho Market

Camping World, Inc. and Good Sam Club announced that an agreement has been signed to acquire OK Trailer, an existing RV dealership located at 480 North State Street in Shelley, Idaho. Plans for the dealership include a massive expansion relocating into a new larger facility conveniently located just off Interstate 15 in Idaho Falls, Idaho. The new location will feature additional service bays, a Camping World retail store and a collision center, and will join over 100 other locations across the U.S. with nearby locations in Boise, Idaho, and Kaysville and Draper, Utah. The SuperCenter will officially be named Camping World of Idaho Falls and will be the second full service location in Idaho, offering a wide array of services including RV sales, service, collision, parts and accessories for the outdoor enthusiast. It will feature motorhomes and towables from the finest manufacturers and brands including Winnebago Industries, Fleetwood, Thor Motor Coach, Itasca, Coleman, Heartland, Keystone, Forest River, Crossroads, Monaco, Holiday Rambler, Jayco, Starcraft, Coachmen and many more. On the accessory side, the new retail location will feature new and innovative products including interactive displays and customer experiences from the top vendors such as Dometic, Honda, Thetford, Goodyear, Winegard, ADCO, Camco, Roadmaster, Husky, Reese, Cequent, Exide, Ultra-Fab, Coleman, Valterra, Dicor, Champion, Rand McNally, Max-Air, BAL, Furrion, Select Comfort, ASA Electronics, Cummins, Onan, WFCO, Weber, HWH, Presto-Fit, Stromberg-Carlson, Atwood, RDK Products, Magellan, King Controls, Charbroil, Amerigas, Exxon Mobil products, Norcold and many more. Camping World also creates and carries its own private label lines of exclusive products for the RV, outdoor and home markets.

Camping World Secures New $525,000,000 Multi-Year Floor Plan Credit Facility

Camping World announced that it has secured a new $525,000,000 multi-year floor plan credit facility. Bank of America, N.A., which serves as the administrative agent, led the transaction. JP Morgan, who has partnered with the company since 2003 acted as co-agent. The facility also includes seven of the lenders: US Bank, SunTrust, Key Bank, M & T Bank, Bank of the West, Ally Bank and CIT. Floor plan financing is a line of credit that allows dealers to borrow against their inventory, and then repay that debt as they sell their inventory or borrow against the line of credit again to add new inventory.

Gigi Stetler and RV Sales of Broward Files Suit against Camping World

The Ticktin Law Group announced that they are amending their suit and filing against Camping World. The original filed lawsuit against Mark Bellissimo and all his named corporations in 2010 dealt with: Stetler illegally being thrown off the equestrian show grounds in 2010 causing infliction of emotional distress and damage to her reputation. After a full day hearing, the USEF ruled unanimously in Stetler's favor and Bellissimo was admonished; and Fraudulently obtaining RV Sales of Broward's client list and selling it to Stetler's biggest competitor Camping World, which replaced them as the new RV Sponsor of the Winter Equestrian Festival. They interfered with the relationship which RV Sales had with its customers. The updated suit against Camping World files on numerous accounts including: Intentional Interference with an advantageous business relationship. Bellisimo tricked Stetler intro providing her customer's information and sold it to Camping World, who then acquired all of RV Sales clientele; Tortious Interference with a Contractual Right. Camping World CEO Markus Lemonis falsely accused Stetler of looking through Camping World's inventory and bribed Bellismo to bar Stetler from Winter Equestrian Festival on grounds of Stetler being a trespasser; Civil Conspiracy. Bellisimo and Camping World came together to gain control over RV Sales trade secrets, confidential proprietary information, and interfere with Stetler's business relations to then pass the accounts and secrets to Camping World; and Violation of Florida Statute 542.19 Monopoly. Camping World formed a monopoly by eliminating the competition of RV Sales. This action follows pursuant to 542.19 Florida Statutes.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 8, 2014
Mid-States Campers & RVs
Merger/Acquisition
September 3, 2014
OK Trailer Sales
 

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