IOP sells Roadtrek Motorhomes to Erwin Hymer Group
U.S. private equity firm Industrial Opportunity Partners (IOP) has sold its portfolio company Roadtrek Motorhomes Inc, a Canadian designer and manufacturer of motor homes, to Erwin Hymer Group. No financial terms were released. Based in Kitchener, Ontario, Roadtrek makes Class B motor homes and sells them through a network of recreation vehicle dealers in the United States and Canada. It received an investment from IOP in April 2011 as part of a recapitalization deal done in partnership with Roadtrek’s owner and senior management team. Erwin Hymer is a caravan and motor home manufacturer with headquarters in Bad Waldsee, Germany.
25 February 2016•3 mins read
