Camping World Holdings, the largest RV retailer in the US offering new and used vehicles, parts, services and financing, announced terms for its IPO on Monday.
The Lincolnshire, IL-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.
CEO Marcus Lemonis stars in CNBC's reality show The Profit.
Camping World Holdings was founded in 1966 and booked $3.5 billion in sales for the 12 months ended June 30, 2016. It plans to list on the n/a 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 October 3, 2016.
