Deal Details

Camping World Completes $300.0 Million Follow-On Offering

Industrial
Consumer

Camping World follow-on offering

Summary

Camping World Holdings, Inc. (“Camping World” or the “Company”) (NYSE: CWH), recently completed an underwritten public offering of common stock (the “Offering”). The aggregate size of the Offering was 14,634,146 shares of Class A common stock at a price of $20.50 per share, generating $300.0 million in gross proceeds. Camping World has granted the underwriters a 30-day option to purchase an additional 2,195,121 shares of its Class A common stock.

The Company intends to use the net proceeds from the Offering to purchase common units directly from CWGS Enterprises, LLC (“CWGS, LLC”). CWGS, LLC intends to use the net proceeds for general corporate purposes, including strengthening the Company’s balance sheet, working capital for growth and debt pay down.

Baird served as a bookrunner on this Offering.

About

Camping World is the world’s largest retailer of RVs and related products and services. Through the Camping World and Good Sam brands, Camping World’s vision is to build a business that makes RVing and other outdoor activities fun and easy. The Company strives to build long-term value for customers, employees and stockholders by combining a unique and comprehensive assortment of RV products and services with a national network of RV dealerships, service centers and customer support centers along with the industry’s most extensive online presence and a highly-trained and knowledgeable team of associates serving customers, the RV lifestyle and the communities in which they operate. Camping World is headquartered in Lincolnshire, Illinois.

Industrial
Consumer

Camping World follow-on offering