Hilmerson RV

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Hilmerson RV - overview

Location

Little Falls, MN, US

Primary Industry

Consumer Products

About

Hilmerson RV, located in Little Falls, US, functions as a comprehensive provider in the recreational vehicle industry, specializing in the sale of new and used RVs, parts, and accessories. Hilmerson RV is a company that specializes in the recreational vehicle industry, operating primarily in Little Falls, US. In May 2021, Camping World Holdings, Inc. , a portfolio company of Crestview Partners, agreed to acquire Hilmerson RV, although the financial terms of the transaction were not disclosed.


The acquisition indicates a strategic pivot towards enhancing their offerings in the RV market. Hilmerson RV serves as a comprehensive provider in the recreational vehicle industry, focusing on both new and used RV sales, alongside a wide selection of RV parts, accessories, and camping gear. The company offers an extensive inventory of RVs, catering to diverse clientele, including families and outdoor enthusiasts. Key services include RV maintenance and repair, supported by a nationwide network of service centers, helping customers maintain their vehicles efficiently.


Financing options and expert guidance for newcomers to RVing are also available, enhancing customer experience. Hilmerson RV's revenue model is driven by the sales of RVs, parts, and accessories, as well as service and maintenance offerings. The company primarily engages in direct-to-consumer transactions, allowing customers to purchase RVs and related products through retail locations and online platforms. Revenue is generated through various RV types, financing options available to customers, and exclusive offers for Good Sam members that promote customer loyalty and repeat business.


Hilmerson RV's future growth strategy includes potential expansion into new geographic markets, particularly targeting regions with increasing interest in recreational vehicles. The funding received from the acquisition by Camping World Holdings, Inc. in May 2021 will support these initiatives. The company aims to enhance its product offerings and expand its service capabilities, thereby strengthening its market position and customer reach.


Current Investors

CWGS Group, LLC

Primary Industry

Consumer Products

Sub Industries

Recreational Hobbies & Sporting Goods, Recreational & Entertainment Facilities, Automobiles, Other Vehicles & Parts

Website

https://www.hilmersonrv.com/

Verticals

E-commerce

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Hilmerson RV - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedHilmerson RV-

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