Camping World Holdings (CWH) Plans to Raise $251 Million in October 7th IPO
In the last year, Camping World Holdings generated $3.3 billion in revenue and $208.9 million in net income.
Goldman Sachs and J.P. Morgan served as the underwriters for the IPO and BofA Merrill Lynch, Credit Suisse, Baird, KeyBanc Capital Markets, Wells Fargo Securities and Stephens were co-managers.
Camping World Holdings provided the following description of their company for its IPO: “We are the only provider of a comprehensive portfolio of services, protection plans, products and resources for RV enthusiasts. Approximately 9 million households in the U.S. own an RV, and of that installed base, we have approximately 3.1 million Active Customers. We generate recurring revenue by providing RV owners and enthusiasts the full spectrum of services, protection plans, products and resources that we believe are essential to operate, maintain and protect their RV and to enjoy the RV lifestyle. We provide these offerings through our two iconic brands: Good Sam and Camping World. Our Good Sam branded offerings provide the industry’s broadest and deepest range of services, protection plans, products and resources, including: extended vehicle service contracts and insurance protection plans, roadside assistance, membership clubs and financing products. Our Camping World brand operates the largest and only national network of RV-centric retail locations in the United States through our 120 retail locations in 36 states, as of March 31, 2016, and through our e-commerce platforms “.
Camping World Holdings was founded in 1966 and has 7444 employees. The company is located at 250 Parkway Drive, Suite 270, Lincolnshire, IL 60069. US and can be reached via phone at (847) 808-3000 or on the web at https://www.campingworld.com.
Receive News & Stock Ratings for Camping World Holdings Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Camping World Holdings and related stocks with our FREE daily email newsletter.