Continuing its series of recent acquisitions, Camping World Holdings announced a definitive agreement under which Camping World will acquire family-owned Jamatt RV in Poteau, Okla.
Most recently, Camping World announced plans for a Dallas-Fort Worth expansion, adding three RV Max locations four-to-five hours to the southwest of the eastern Oklahoma-based Jamatt.
Camping World currently operates two SuperCenters in Oklahoma City and Tulsa, and with the acquisition of Jamatt RV, is further expanding in eastern Oklahoma.
In the previous two months, the company has announced plans for rapid expansion in Virginia in addition to acquisitions of RV World of Georgia, Ketelsen Campers in Colorado.
“We are pleased to bring Jamatt RV into the Camping World family of industry-leading RV inventory, accessory products and knowledgeable people as we expand our market share in the state of Oklahoma,” Camping World and Good Sam Chairman and CEO Marcus Lemonis said. “Owners Jason and Sandy Blake have built a strong business with an incredible employee base and with this acquisition, Camping World continues to solidify its position as the leader in RV and outdoor accessory sales in the United States.”
“This agreement to acquire Jamatt RV represents an exciting new chapter for Camping World," said Brent Moody, chief operating officer of Camping World and Good Sam. "Combining the companies not only creates market value, but the commitment to excellence and innovation that both companies share will significantly benefit customers and provide new opportunities for employees.”
Added Moody: “The Blake family exemplifies Marcus’ 'People, Process and Product' philosophy as part of their first-class business and we look forward to building and expanding on the level of service their customers have grown accustom to.”