Family RV Group, a specialty retailer of new and used recreational vehicles and a portfolio company of Kidd & Company, has acquired Candy’s Campers.
Candy’s Campers operates two recreational vehicles (RV) dealerships near Bowling Green in Scottsville, KT and near Nashville in Murfreesboro, TN. The company sells new and used RVs, related services, parts and accessories. Candy’s Campers was founded by Steven Burnett and is headquartered in Scottsville (www.candyscampers.com).
In January 2016, Kidd & Company, through Family RV Group, made a control investment in Colerain RV in partnership with the company’s ownership (Charles and Lolly Jung) and its management team, while simultaneously acquiring Northside RVs, the largest RV dealership in Kentucky. In January 2018, it acquired Dunlap RV Centers, an operator of RV dealerships with four locations in Kentucky, Tennessee and Georgia.
Today, including the buy of Candy’s Campers, Family RV Group now operates eleven full-service dealerships in Ohio, Indiana, Kentucky, Tennessee and Georgia under the brand names Colerain Family RV, Northside Family RV, Dunlap Family RV, and Candy’s Campers. The company is led by CEO Walt Rodgers and is headquartered in Cincinnati.
“Family RV Group’s acquisition of Candy’s Campers continues our strategy of geographic expansion by acquiring quality RV dealerships with brand recognition, high customer loyalty and strong operations,” said Ken Heuer, a principal at Kidd & Company.
Kidd & Company is the private investment arm of the Kidd Family Office and makes control equity investments in the lower middle market. The firm was founded in 1976 by William Kidd and is headquartered in Old Greenwich, CT (www.kiddcompany.com).
© 2019 Private Equity Professional | October 9, 2019