Lazydays, General RV Complete Arizona Transaction
Lazydays Holdings announced today that it has closed on the asset sale of its Mesa, Arizona, location to General RV Center. The companies expect to complete the remaining two divestitures in Longmont, Colorado, and Fort Pierce, Florida, in the coming weeks.
“Introducing General RV to a new state is always exciting, and we have appreciated the collaboration by the Lazydays team to help us achieve this,” said Loren Baidas, General RV CEO and third-generation family owner. “Having seen great success with our two Utah supercenters, we are looking forward to leveraging what we’ve learned there to provide the premier customer service and expansive RV selection to our new and existing customers in Arizona.”
Ron Fleming, interim CEO of Lazydays, said, “We have completed our previously announced asset sale of our location in Mesa, Arizona to General RV. This transaction furthers our commitment to rightsizing our dealership footprint and continuing our operational turnaround plan. We are pleased with the expedient and smooth process and look forward to working with General RV to complete the remaining two divestitures.”
In the past three years, General RV has nearly doubled its number of supercenters nationwide, offering sales and service of thousands of RVs ranging from affordable travel trailers to luxury motorhomes. The third-generation family-owned company currently has more than 20 locations in eight states including Florida, Illinois, Ohio, Virginia, Utah, North Carolina, Pennsylvania and Michigan, where its corporate offices are located. This is General RV’s first location in the state of Arizona.