Breaking News: Camping World Holdings Inc. Buys Gander Mountain With $390 Million Bid

OutdoorHub recently reported about a potential buyer in Sportsman’s Warehouse to purchase the St. Paul-based outdoor retailer, Gander Mountain, and we now have more news to report on.

After a bankruptcy auction on Friday, the largest U.S. recreational vehicle dealer, Camping World Holdings Inc., has taken over the company, all of its intellectual property and its Overton’s boating business, sources said.

The winning bid for the sporting goods retailer was reported to be about $390 million.

According to The Star Tribune, Camping World owner, Marcus Lemonis, plans to operate 17 Gander Mountain stores. Another auction for Gander Mountains 100+ leases will be held on a later date, which has not yet been determined.

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