Tampa, Fla.-based Lazydays Holdings has signed a letter of intent to acquire Total Value RV, located in Elkhart, Ind. According to Lazydays, Total Value RV is a premier RV dealership and the number one motorhome dealership in Indiana.
The acquisition price was not disclosed. It is expected to be finalized within 90 days.
“We are extremely pleased to announce our intent to acquire Total Value RV as we continue to execute our geographic expansion strategy,” said William Murnane, Chairman and CEO of Lazydays. “We are honored and humbled that (Total Value RV president/owner) Hank Schrock has chosen Lazydays to shepherd his longtime family business into the future. We are thrilled to have Total Value RV join the Lazydays’ family of dealerships. The majority of the RVs Lazydays sells are manufactured in and around Elkhart; and we are very excited to become part of the Elkhart community and continue to work closely with our OEM partners.”