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Camping World Announces Pricing of Secondary Offering of Class A Common Stock by Selling Stockholders

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)-- Camping World Holdings, Inc. (NYSE:CWH) (“Camping World” or the “Company”) announced today the pricing of the previously announced secondary offering of shares of its Class A common stock (the “Class A Common Stock”) at a public offering price of $40.50 per share, which includes 6,000,000 shares of Class A Common Stock offered by certain affiliates of Crestview Advisors, L.L.C. (the “Crestview Selling Stockholders”) and 700,000 shares of Class A Common Stock offered by CWGS Holding, LLC, a wholly owned subsidiary of ML Acquisition Company, LLC, which is indirectly owned by each of Stephen Adams, a member of Camping World’s board of directors, and Marcus Lemonis, Camping World’s Chairman and Chief Executive Officer (the “CWGS Holding Selling Stockholders” and, together with the Crestview Selling Stockholders, the “Selling Stockholders”), pursuant to a registration statement filed on Form S-1 with the Securities and Exchange Commission (the “SEC”). Additionally, the Selling Stockholders have granted the underwriters a 30-day option to purchase up to an aggregate of 1,005,000 additional shares of Class A Common Stock, which includes 900,000 shares of Class A Common Stock offered by the Crestview Selling Stockholders and 105,000 shares of Class A Common Stock offered by the CWGS Holding Selling Stockholders. The offering consists entirely of secondary shares of Class A common stock to be sold by the Selling Stockholders. Camping World will not receive any proceeds from the sale of the shares of Class A Common Stock by the Selling Stockholders.

The closing of the offering is expected to occur on October 30, 2017, subject to the satisfaction of customary closing conditions.

Goldman Sachs & Co. LLC and J.P. Morgan are serving as joint lead book-running managers and as representatives of the underwriters for the offering. BofA Merrill Lynch and Credit Suisse are also acting as joint book-running managers for the offering. Baird, BMO Capital Markets, KeyBanc Capital Markets, Stephens Inc. and Wells Fargo Securities are acting as co-managers for the offering.

The offering will be made only by means of a prospectus. A copy of the final prospectus relating to the offering, when available, may be obtained from any of the following sources:

  • Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, via telephone: 1-866-471-2526, or via email: prospectusgroup-ny@ny.email.gs.com; or
  • J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or via telephone: 1-866-803-9204.

A registration statement on Form S-1 relating to these securities has been declared effective by the SEC. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Camping World Holdings, Inc.

Camping World, headquartered in Lincolnshire, Illinois, is the leading outdoor and camping retailer, offering an extensive assortment of recreational vehicles for sale, RV and camping gear, RV maintenance and repair and the industry’s broadest and deepest range of services, protection plans, products and resources. Since the Company’s founding in 1966, Camping World has grown to become one of the most well-known destination for everything RV, with over 137 retail locations in 36 states and comprehensive e-commerce platform.

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Investor Relations:
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Rachel Schacter, 203-682-8200
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Media:
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Source: Camping World Holdings, Inc.