Family RV Group® Celebrates 50 Years in Business!
CINCINNATI, Aug. 7, 2018 /PRNewswire/ -- Family RV Group® ("Family RV"), a leading specialty retailer of recreational vehicles ("RVs"), is celebrating their 50th year in the RV business with a series of promotions in the back half of the year.
Colerain RV was founded by Charles Jung in 1968 in a northwest suburb of Cincinnati, Ohio. From day one, the mission was to "treat everyone like family" realizing it would be the key to success and distinguish Colerain RV from the competition. They expanded their successful business model with acquisitions in Dayton (2007), Indianapolis (2011) and Columbus (2013). In 2016, with the help of investment firm Kidd & Company, Northside Family RV® of Lexington, Kentucky, was acquired and the Family RV Group® was formed. In 2018, Family RV continued expansion with the acquisition of Dunlap Family RV®, a four RV dealership network from Tennessee.
Wade Stepp, President of Family RV said, "Our acquisitions are examples of our commitment to expand our reach and bring our quality, customer-first mindset to more RV-buying customers. We will continue to seek and acquire RV dealerships with strong brand recognition, solid operations and high customer loyalty so we can continue in the RV business for another 50 years!"
All nine dealerships celebrated a "Golden Anniversary - Gold Tag" Sale in July with special pricing on a wide range of RVs. Additional "Customer Appreciation" promotions are scheduled in the Fall with discounted pricing, a special 50th Anniversary commemorative gift package for all RV purchasers, and a variety of cookouts, radio remotes, and "Enter to Win" contests.
Chuck Jung, Vice President-Sales of Family RV said, "We're grateful for our current and future customers continuing loyalty and support over the past 50 years. We want to show our appreciation by selling and servicing the highest quality RVs while 'treating everyone like family' with these series of promotions!"
Today, Family RV is one of the midwest's largest RV retail networks with nine dealerships covering five states (OH, IN, KY, TN and GA).
About Family RV Group
Founded in Cincinnati, Ohio, in 1968, Family RV Group is a leading specialty retailer offering the most extensive selection of new and used RV's, related services, parts and accessories for RV owners and camping enthusiasts. The Company enjoys top-tier dealer status with numerous RV manufacturers for its consistently high sales volume and stewardship of their brands, and the Company continues to expand the product lines it carries. Family RV Group has developed a stellar reputation among its retail customer base for delivering best-in-class sales and service. Family RV Group operates nine RV dealerships, under the brand names Colerain Family RV, Northside Family RV, and Dunlap Family RV, across the Southeast and Midwest. In 2018, Family RV Group will be celebrating 50 years of service to the RV community. For more information, visit www.familyrvgroup.com
About Kidd & Company, LLC
Kidd & Company, LLC (KCO) is an independent private equity firm based in Old Greenwich, CT. KCO traces its roots to 1976 when the firm's founding partner, William Kidd, made his first private equity investment. Today, KCO sponsors control equity investments in the lower middle market where the complementary skills and experience of the firm's partners can be applied to create significant value over time. KCO implements fundamental strategic and operational improvements that drive above-market growth in revenue and earnings, both organically and through accretive acquisitions. The diverse skill set of the firm's partners allows KCO to bring management, operational, sales and marketing, corporate finance, and M&A expertise to bear to substantially increase the total value of its investments. For more information, visit www.kiddcompany.com
Contact: Jerry Watkins
[email protected]
513-923-5440
SOURCE Family RV Group
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