SOURCE: Camping World & Good Sam

Camping World & Good Sam

December 14, 2016 08:45 ET

Camping World Announces the Launch of its "Side by Side" Business Strategy

LINCOLNSHIRE, IL--(Marketwired - Dec 14, 2016) - Camping World Holdings, Inc. (NYSE: CWH) ("Camping World"), the nation's largest network of RV-centric retail locations, announced the launch of its "side by side" business strategy with the signing of a deal to acquire Ketelsen Campers of Colorado in Wheat Ridge, Colorado.

With the launch of its "side by side" strategy, Camping World will actively seek opportunities to acquire quality dealerships with strong management, brand recognition and a solid customer base in markets where Camping World has an existing presence. The acquired businesses will continue to be operated by Camping World under the legacy name.

"With our 'side by side' strategy we will actively pursue opportunities in our existing markets over the next few years to expand market share, grow our database and add additional distribution points for our Good Sam portfolio," said Brent Moody, Chief Operating Officer of Camping World and Good Sam. Added Moody, "The addition of Ketelsen Campers of Colorado will accomplish all three objectives and add a top three dealer in the state of Colorado to Camping World's established number one position."

"Under the leadership of Randy Ketelsen, Ketelsen Campers of Colorado has consistently established itself as one of the most successful, well-known and respected dealers in the state of Colorado," said Marcus Lemonis, Chairman and CEO of Camping World and Good Sam. Lemonis added, "The acquisition of Ketelsen Campers of Colorado is the perfect launch of our "side by side" strategy and will fulfill each of our objectives - increased market share, growth of our database and an additional distribution point for our Good Sam products and services."

Lemonis continued, "I always look for three things: People, Process and Product in relation to enhancing our Camping World and Good Sam presence, all of which are exemplified by Ketelsen Campers of Colorado. Our goal is to add more quality manufacturers and brands, increase our presence in the market and grow the workforce."

About Camping World Holdings, Inc.
Camping World Holdings Inc. (NYSE: CWH) is the only provider of a comprehensive portfolio of services, protection plans, products and resources for recreational vehicle ("RV") enthusiasts. Through its two iconic brands, Camping World and Good Sam, the company offers new and used RVs for sale, vehicle service and maintenance along with more than 10,000 products and services through its retail locations and membership clubs. Good Sam branded offerings provide the industry's broadest and deepest range of services, protection plans, products and resources while the Camping World brand operates the largest national network of RV-centric retail locations in the United States through 120 retail locations in 36 states and an e-commerce platform. With both brands founded in 1966, product and service offerings are based on 50 years of experience and customer feedback from RV enthusiasts.

For more information, visit www.CampingWorld.com.

Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning Camping World and other matters. All statements other than statements of historical facts contained in this press release may be forward-looking statements. Statements regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations are forward-looking statements. In some cases, you can identify forward-looking statements by terms such as ''may,'' ''will,'' ''should,'' ''expects,'' ''plans,'' ''anticipates,'' ''could,'' ''intends,'' ''targets,'' ''projects,'' ''contemplates,'' ''believes,'' ''estimates,'' ''predicts,'' ''potential'' or ''continue'' or the negative of these terms or other similar expressions. The forward-looking statements in this press release are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. You should carefully consider the risks and uncertainties that affect our business, including those described in our filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this communication. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements, whether as a result of any new information, future events or otherwise. You are advised, however, to consult any further disclosures we make on related subjects in our public announcements and filings with the Securities and Exchange Commission.

Contact Information