Camping World Holdings, parent to Camping World Inc. and Good Sam Enterprises LLC, announced terms for its IPO today (Sept. 26).
The Lincolnshire, Ill.-based company plans to raise $250 million by offering 11.4 million shares at a price range of $21 to $23. At the midpoint of the proposed range, Camping World Holdings would command a market value of $1.8 billion.
Crestview Partners is a key investor in Camping World Holdings, which booked $3.5 billion in sales for the 12 months ended June 30. It plans to list on the NYSE under the symbol CWH.
Goldman Sachs, J.P. Morgan, BofA Merrill Lynch and Credit Suisse are the joint bookrunners on the deal. It is expected to price during the week of Oct. 3, 2016.