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FreedomRoads LLC., the nation’s largest recreational vehicle retailer network, today (Oct. 6) announced the acquisition of Stout’s RV of Greenwood, Ind.
According to a press release, the acquisition further solidifies the company’s market position in the Midwest, and establishes a presence in the robust Indianapolis metropolitan market.
Currently, FreedomRoads operates 49 locations in 19 states with revenues well above $1 billion and sales volume exceeding 34,000 units.
Founded in 1979, Stout’s RV Sales is Indiana’s largest motorhome dealer. In 1990 a new facility was built at I-65 and Greenwood exit 99, a prime location on 15 acres.
According to FreedomRoads Chairman, CEO and Co-Founder Marcus Lemonis, “Stout’s is an ideal dealership in an important market, and the match could not be better. We are looking forward to integrating this excellent dealership into the FreedomRoads network.”
Johnny Sirpilla, Mid-America regional president and FreedomRoads co-founder, noted: “It is an honor to have the Stout’s team join the Mid-American Region of Freedom Roads. They have been industry pioneers and professionals in all aspects of the business.”
Stout’s founder and CEO Harold Stout stated: “I’ve been approached before but really was never interested until I was approached by FreedomRoads. Our associates are hearing more about this and they are also getting very excited about becoming part of something bigger. The time is right, the industry is growing and this company has great momentum.”