Florida-based RV Retailer has announced the acquisition of 14 Family RV Group dealerships across the country, including two in Indiana. Family RV Group runs 12 dealerships in Ohio, Kentucky, Tennessee and Georgia, along with two Colerain Family RV locations in Indianapolis and Muncie.&
“These acquisitions allow us to expand into new Southern and Midwest markets along the I-75 corridor with 14 stores in five new states with strong demographics for RV sales and service. This is an excellent way for us to kick off 2021 with continued exceptional growth to 52 stores in 15 states,” said RVR Chief Executive Officer and President Jon Ferrando.
Ferrando says the newly acquired stores will remain under the same management and will be placed in RVR’s eastern region, led by the company’s Eastern Region President Don Strollo.
“We are pleased that Steve and Chuck Jung will continue to manage the Family RV Group stores under Don’s direction. The Jung family founded the business in Cincinnati as Colerain RV in 1968 and has been providing exceptional customer service for 52 years. The Yates family founded Northgate RV 26 years ago, and we are pleased that key Yates family members will stay on in key positions with the Northgate RV business.”
Ferrando says the acquisitions are expected to close next month, although financial details were not disclosed.