Camping World agrees to acquire Lloyd Bridges Traveland

• Camping World (NYSE:CWH) has agreed to acquire the Lloyd Bridges Traveland RV dealerships in Chelsea, Michigan, with the deal anticipated to close early in 2022.
• The Lloyd Bridges Traveland operates two locations in Michigan, in the greater Ann Arbor market. Both facilities will transition to the Camping World brand and become the firm's eighth and ninth locations in the state with more planned.
• Marcus Lemonis, CEO and Chairman of Camping World, said, "The Lloyd Bridges acquisition strengthens our footprint and allows us to more effectively service our RV and outdoor customer base."
• Earlier today, Camping World announced plans to issue a $300M add-on to its senior secured term loan to fund acquisition of RV dealerships