M&A Deal Summary

Heartland Recreational Vehicles Acquires DRV

On January 5, 2015, Heartland Recreational Vehicles acquired automotive company DRV

Acquisition Highlights
  • This is Heartland Recreational Vehicles’ 3rd transaction in the Automotive sector.
  • This is Heartland Recreational Vehicles’ 3rd transaction in the United States.
  • This is Heartland Recreational Vehicles’ 3rd transaction in Indiana.

M&A Deal Summary

Date 2015-01-05
Target DRV
Sector Automotive
Buyer(s) Heartland Recreational Vehicles
Deal Type Add-on Acquisition

Target

DRV

Howe, Indiana, United States
DRV, Inc. is a wheel recreational vehicle manufacturer.

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Buyer(S) 1

Buyer

Heartland Recreational Vehicles

Elkhart, Indiana, United States

Category Company
Sector Automotive
DESCRIPTION

Heartland Recreational Vehicles LLC (Heartland RV) is a manufacturer of towable recreational vehicles in the U.S. The Company markets over 15 brands of superior fifth wheel and travel trailer RVs and has captured the #3 market share in the Fifth Wheel category. Heartland’s towable RVs are sold through an independent network of dealers throughout the United States and Canada.


DEAL STATS #
Overall 3 of 3
Sector: Automotive M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Indiana M&A 3 of 3
Country: United States M&A 3 of 3
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-05 Cruiser RV

Howe, Indiana, United States

Cruiser RV LLC (Shadow Cruiser) is a wheel recreational vehicle manufacturer.

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