Haig Partners Advises Factory Direct Marine & RV On The Sale Of NY And PA Locations To Campers Inn
HAMBURG, Pa., March 9, 2020 /PRNewswire/ -- Haig Partners LLC is pleased to represent Don Littlefield, principal of the Boat-N-RV family of superstores and the Factory Direct Marine & RV organization ("Boat-N-RV") in the sale of his Albany, NY and Hamburg, PA dealerships to Campers Inn RV ("Campers Inn"). Boat-N-RV will continue to operate their dealerships in Rockwood, TN, Ridgeland, SC, Americus, GA, and Palm Harbor, FL.
Don Littlefield stated, "This announcement is bittersweet as we say goodbye to our wonderful teammates in Albany and Hamburg who have represented our company in tremendous fashion for decades. However, we're excited the Hirsch family and Campers Inn see the opportunity to invest in these markets and are acquiring the dealerships. Campers Inn brings significant resources to our team and customers at both locations. Selling these dealerships will allow us to increase the focus on our marine manufacturing and retail operations."
"I would also like to thank the team at Haig Partners for their guidance, insight, and support throughout the process. Kevin Nill worked diligently with my team to identify the best buyer for the dealerships and was instrumental in representing our interests during negotiations and closing."
Campers Inn's Jeff Hirsch also shared, "I want to thank Don Littlefield and Geof Hoffman for giving us the opportunity to include their Pennsylvania and New York locations in Campers Inn's expansion. I'm excited how we continue to give our customers options for their RVing needs. We pride ourselves that our customers are welcomed regardless of which of our 29 locations they choose. I'm equally excited for the employees of these two locations, as well as our existing employees, as we continue to provide each of them with excellent career opportunities. Thank you, Don and Geof."
Kevin Nill of Haig Partners LLC was the financial advisor to Factory Direct. Thomas Shields III served as legal counsel for Boat-N-RV. Ham Traylor of Fisher, Tousey, Leas & Ball served as legal counsel for Campers Inn.
Kevin Nill shared, "It was truly a pleasure to have been selected by Don Littlefield and Geof Hoffman to represent the company in the divestiture of these two dealerships. Given the success of the business and excellent markets, our confidential marketing process was able to identify the best possible buyer and negotiate a successful outcome for both parties. I have known the Hirsch family for many years and was confident they would partner well with my client and be great owners for the Boat-N-RV associates. We want to congratulate Don, Geof, and the Hirsch family on this transaction and wish the new Campers Inn teammates great success in the future"
About Haig Partners. Haig Partners LLC is the leading advisory firm to owners of higher value dealerships and dealership groups. Since 1996, the principals at Haig Partners have completed over 190 auto, RV and heavy truck dealership transactions totaling in excess of $5.1 billion, more than any other team in the industry. They also publish the widely followed Haig Report which tracks trends in the auto industry and how they impact dealership valuations. The latest Haig Report is available here. Alan Haig is a frequent speaker at leading industry events. For more information, visit www.haigpartners.com. Kevin Nill – [email protected]; (904) 234-0008
SOURCE Haig Partners LLC
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