Lazydays to Acquire Chilhowee RV Center
Lazydays Holdings has signed an agreement to acquire Chilhowee RV Center. Located just outside Knoxville, Tenn., Chilhowee RV Center has been in business and under the same family ownership for more than 53 years. The dealership located near the Great Smoky Mountains National Park, the most visited National Park in America with more than 11 million annual visitors.
Chilhowee RV Center carries brands such as Airstream, Winnebago, Forest River and THOR. The acquisition, for an undisclosed amount, is expected to be finalized in 30 to 60 days.
“We are extremely pleased to announce the acquisition of Chilhowee RV Center as we continue to execute our geographic expansion strategy,” said William P. Murnane, chairman and CEO of Lazydays. “We are honored and humbled that Leland and Fred Waggoner have chosen Lazydays to shepherd their longtime family business into the future. Leland and Fred have built an outstanding team that is committed to providing an exceptional customer experience and is a perfect fit for Lazydays. We are thrilled to have Chilhowee RV Center become part of the Lazydays’ family of dealerships.”
Lazydays currently operates 11 dealerships in Florida, Colorado, Arizona, Minnesota, Tennessee and Indiana; and a dedicated Service Center near Houston. It recently announced its intent to add a second dealership location in Minnesota and acquire Sprad’s RV in Reno, Nev.