Florida-based Lazydays Holdings Inc. (Nasdaq: LAZY) has completed the acquisition of Total Value Recreational Vehicles of Indiana Inc. in Elkhart. Lazydays says the RV dealership is the number one motorhome dealer in Indiana and will be rebranded as Lazydays RV of Elkhart.
The company says the acquisition includes real estate for an expansion of sales and services operations at the site. Lazydays did not disclose financial details or say if any jobs would be affected as a result of the acquisition.
“We are extremely pleased to complete this acquisition and continue to execute on our geographic expansion strategy,” stated William Murnane, chairman and chief executive officer of Lazydays. “In addition, we expect to complete construction of our newest dealership location near Nashville, Tennessee in late 2020, and continue to work a strong pipeline of expansion opportunities that includes both acquisitions and greenfields.”
Lazydays says it now operates nine dealerships in Indiana, Florida, Colorado, Arizona, Minnesota, and Tennessee.