TAMPA, Fla. – Lazydays (Nasdaq: LAZY) has completed the acquisition of Buddy Gregg RVs & Motor Homes in Knoxville, Tenn., according to a press release from the company.
“This acquisition strengthens our presence in the Knoxville market and more than offsets the loss of our Maryville store which will be closed due to the expansion of the Alcoa Highway by the Tennessee DOT. We have renamed the store Lazydays RV of Knoxville at Turkey Creek and anticipate approximately $40 million in annualized revenue,” the release stated.
“With our rich history in the Tennessee market, Lazydays is well-prepared to cater to the diverse RV needs of this region. By acquiring Buddy Gregg RVs, Lazydays aims to bring even more convenience, choice, and top-tier RV options to its valued customers in Knoxville,” the release stated.