Lazydays Holdings, Inc. to Acquire Burlington RV Superstore
The purchase will continue the company's expansion strategy in the Milwaukee and Northern Chicagoland markets.
Lazydays Holdings, Inc. announced that it has signed a letter of intent to acquire Burlington RV Superstore. Burlington RV is located in Sturtevant, Wisconsin, strategically located between the Milwaukee and Chicago markets. Burlington RV offers a selection of RV brands that includes Newmar, Grand Design, Thor, Forest River, Jayco, and Coachmen. Lazydays expects to finalize the acquisition within 90 days.
“We are extremely pleased to announce our intent to acquire Burlington RV as we continue to execute our geographic expansion strategy,” stated William P. Murnane, Chairman and CEO of Lazydays. “Eastern Wisconsin and Northern Illinois are very attractive RV markets. For more than 50 years, the Wegge family has built an outstanding organization and a very well run operation. We are delighted that Tim and Brenda Wegge have chosen Lazydays to guide Burlington RV into the future, and we will do our best to honor their outstanding stewardship and leadership with continued success. We are very excited to welcome Burlington RV and its tremendous team into the Lazydays’ family of dealerships.”
“We couldn’t be prouder of what our family and employees have built over the past 50 years,” commented Tim and Brenda Wegge, owners of Burlington RV Superstore. “Burlington RV Superstore is the premier RV dealership in our market and we owe its success to our incredible team and their commitment and dedication. We have reached a point in our life where we want to focus on and enjoy our many interests outside the RV business. We had options on how to exit our family business and it was important to us that the new owners have the same customer and employee centric philosophy. The culture of Lazydays and its focus on customers and employees makes it a perfect match for the outstanding team we have built at Burlington RV. We have great love and admiration for our team, and want to thank them for helping build and grow Burlington RV. The Burlington RV team and Lazydays will do great things together.”
Lazydays currently operates twelve dealerships in Florida, Colorado, Arizona, Minnesota, Tennessee, and Indiana. It also operates a dedicated Service Center location near Houston, Texas.