TAMPA, Fla., June 11, 2019 /PRNewswire/ -- Lazydays
Holdings, Inc. (NASDAQCM: LAZY) ("Lazydays RV" or "Lazydays")
has announced that a Letter of Intent has been signed to
acquire Alliance Coach Inc. ("Alliance Coach"). Located just
outside Ocala, Florida, Alliance
Coach is a premier RV dealership with strong brands such as Thor,
Forest River, Holiday Rambler,
Renegade and Vanleigh. The Alliance Coach dealership has a
strong service presence, which fits well with Lazydays focus on
service excellence and will enhance its service presence and
operations in Florida.
"We are extremely pleased to announce the planned acquisition of
Alliance Coach as we continue to execute our geographic expansion
strategy" stated William P. Murnane,
Chairman and CEO of Lazydays. "Alliance is strategically located
near the intersection of I-75 and the Florida Turnpike and will
give us excellent access to the rapidly growing Ocala and Orlando markets, including The Villages, a popular and fast growing
active adult community. We are honored that Judy Shapiro has entrusted Lazydays to carry on
with the wonderful dealership and outstanding team of employees she
built with her late husband Alan. We are thrilled to have
Alliance Coach become part of the Lazydays family of
dealerships."
The acquisition of Alliance Coach is expected to be finalized in
approximately 60 days. Upon closing, Alliance Coach will be
rebranded as Lazydays RV of Central
Florida. Lazydays operates six dealerships in Florida, Colorado, Arizona, Minnesota and Tennessee.
About Lazydays
Lazydays, The RV Authority®, is an
iconic brand in the RV industry. Home of the world's largest
recreational dealership, based on 126 acres outside of Tampa, Florida, Lazydays also has dealerships
located in Tucson, Arizona;
Minneapolis, Minnesota;
Knoxville, Tennessee; and
Loveland and Denver, Colorado. Offering the nation's
largest selection of leading RV brands, Lazydays features nearly
3,000 new and pre-owned RVs, 400 service bays and two on-site
campgrounds with over 700 RV campsites. Lazydays also has rental
fleets in Colorado. In addition,
Lazydays RV Accessories & More™ stores offer thousands of
accessories and hard-to-find parts at dealership locations.
Since 1976, Lazydays has built a reputation for providing an
outstanding customer experience with exceptional service and
product expertise, along with being a preferred place to rest and
recharge with other RVers. Lazydays consistently provides the best
RV purchase, service, rental and ownership experience, which is why
more than a half-million RVers and their families visit Lazydays
every year, making it their "home away from home."
Lazydays Holdings, Inc. is a publicly listed company on the
NASDAQ stock exchange under the ticker "LAZY." Additional
information can be found
at https://www.lazydays.com/investor-relations.
Forward‐Looking Statements
This news release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements
other than statements of historical fact are, or may be deemed to
be, forward-looking statements. Forward-looking statements
describe Lazydays future plans, projections, strategies and
expectations, and are based on assumptions and involve a number of
risks and uncertainties, many of which are beyond the control of
Lazydays. Actual results could differ materially from those
projected due to various factors, including Lazydays' ability to
enter into an asset purchase agreement and successfully close the
acquisition of Alliance Coach and realize its expectations
regarding integration, synergies and future performance, economic
conditions generally, conditions in the credit markets and changes
in interest rates, conditions in the capital markets, and other
factors described from time to time in Lazydays SEC reports and
filings, which are available at www.sec.gov. Forward-looking
statements contained in this news release speak only as of the date
of this news release, and Lazydays undertakes no obligation to
update these forward-looking statements to reflect subsequent
events or circumstances, unless otherwise required by law.
News Contact:
+1 (813) 204-4099
investors@lazydays.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/lazydays-holdings-inc-announces-plans-to-acquire-alliance-coach-inc-300864987.html
SOURCE Lazydays Holdings, Inc.