Lazydays Holdings has announced it has signed a letter of intent to acquire BYRV Inc. and BYRV Washington Inc., collectively “B. Young RV”. B. Young RV has two dealerships located in Portland, Ore. and Vancouver, Wash.
B. Young RV has a large presence in the rapidly-growing Oregon and Washington markets, offering a wide selection of RV brands including Tiffin, Newmar, Grand Design, THOR, and Forest River. The acquisition of B. Young RV is expected to be finalized within 90 days.
“We are extremely pleased to announce our intent to acquire B. Young RV as we continue to execute our geographic expansion strategy,” said William P. Murnane, chairman and CEO of Lazydays. “The Pacific Northwest is one of the largest RV markets in the country, and Bruce Young has built an outstanding organization and a very well-run operation. We are delighted that Bruce has chosen Lazydays to guide B. Young RV into the future, and we will do our best to honor his outstanding stewardship and leadership with continued success. We are very excited to welcome B. Young RV and its tremendous team into the Lazydays’ family of dealerships.”
“I am very excited to hand the keys to B. Young RV over to Lazydays,” said Bruce Young, owner of B. Young RV. “I have reached a point in my life where I want to focus on and enjoy my many interests outside the RV business. The culture of Lazydays and its focus on customers and employees makes it a perfect match for the outstanding team we have built at B. Young RV. I have great love and admiration for the B. Young RV team and want to thank them for helping build and grow these wonderful dealerships. I am confident the B. Young RV team and Lazydays will do great things together.”