Fort Lauderdale, Fla.-based RV Retailer LLC is entering the Colorado market with its acquisition of Cousins RV, with stores in Denver, Colorado Springs and Loveland.
“Cousins RV is a great addition to the RV Retailer family of stores,” said Jon Ferrando, CEO and president of RV Retailers. “Cousins RV is the fastest growing RV dealer group in Colorado joining the fastest growing RV dealer company in the United States. This gives us an incredible RV business in Colorado and a platform for future growth with a proven business leader in Jim Humble leading the market.”
Added Humble, president of Cousins RV: “This is an exciting next chapter for Cousins RV. I’m proud of what we’ve been able to accomplish with major growth in less than two years. I am excited to join the RV Retailer leadership team led by Jon Ferrando. RV Retailer provides us an even greater opportunity to expand in Colorado and in the Western Region of U.S.”
The acquisition of Cousins RV grows RV Retailer to 33 locations across the U.S., with these being its first in Colorado. The Centennial State is the ninth-largest in terms of RV registrations according to Statistical Surveys, which places RV Retailer in six of the top 15 states for RV registrations: Arizona, Colorado, Florida, New York, North Carolina and Texas.
“This transaction reflects RV Retailers commitment to grow through all economic cycles and to investing for the long term in superior brands, markets and management teams,” Ferrando said.
Terms of the sale were not disclosed.
