Spader's RV Center

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Spader's RV Center - overview

Established

1957

Location

Sioux Falls, SD, US

Primary Industry

Retail

About

Spader's RV Center is a recreational vehicle dealership specializing in new and used RVs, offering a range of services including maintenance and repairs to enhance customer outdoor experiences. Founded in 1957 and headquartered in Sioux Falls, US, Spader's RV Center operates in the recreational vehicle market, focusing on the sale of various RV types. In March 2018, Camping World Holdings, Inc. , acquired Spader's RV Center, although the financial details of the transaction were not disclosed.


Spader's RV Center specializes in the sales of both new and used recreational vehicles, including travel trailers, fifth wheels, toy haulers, and motorhomes. Their offerings also include RV servicing, such as maintenance, collision repair, warranty assistance, winterization, and de-winterization services, catering to camping enthusiasts across the Midwest and Plains regions of the United States. Additionally, they operate retail locations that provide camping supplies and RV parts, enhancing the overall customer experience. Spader's RV Center generates revenue primarily through the sale of recreational vehicles and associated services, which includes both direct-to-consumer and B2B sales.


Partnerships with manufacturers like Keystone, Coleman, and Forest River facilitate this process. The company also offers financing options and a range of service offerings such as RV maintenance and repairs, contributing to multiple revenue streams through a diverse product and service selection. Spader's RV Center plans to leverage its recent acquisition by Camping World Holdings to enhance its market presence. Further initiatives include the introduction of new RV models as part of a broader strategy to diversify offerings.


The company also aims to expand its geographical reach into additional markets in the Midwest by 2023. The acquisition will provide financial resources to support these growth initiatives, strengthening Spader's RV Center's position in the competitive RV industry.


Current Investors

CWGS Group, LLC

Primary Industry

Retail

Sub Industries

Automobile Dealerships

Website

www.spadersrv.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

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Spader's RV Center - 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)
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Spader's RV Center - employee data

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