Ĭautionary Note on Forward-Looking Statements Today we have 13 dealerships in Texas, Georgia, and Alabama with a knowledgeable, friendly, and specially trained team who are always happy to hear from you and ready to help "Find your Freedom" and fuel your escape. We're powered by customer service and we just so happen to sell all the cool powersports stuff our customers could want or need. įreedom Powersports was founded in 2012 with a goal of building relationships and supporting the communities we live in. Headquartered in the Dallas Metroplex, RumbleOn is revolutionizing the customer experience for outdoor enthusiasts across the country and making powersport vehicles accessible to more people, in more places than ever before. RumbleOn offers a seamless shopping experience where a customer can browse, buy, sell, trade, or get financing at any of the Company's bricks-and-mortar locations or online at the click of a button and its planned acquisition growth strategy will further strengthen its omnichannel offering. RumbleOn (NASDAQ: RMBL) is the nation's first and only omnichannel customer experience available in powersports and the largest powersports dealer. We expect Freedom to be accretive to our performance on day one without raising equity capital to fund cash consideration." "We remain confident in our ability to transform the highly fragmented powersports industry, to drive efficiencies in the marketplace, and to improve the customer experience. We are well aware of the benefits of adding 13 exceptional locations representing 15 leading manufacturers to further strengthen our omnichannel offering," said Marshall Chesrown, RumbleOn's Chief Executive Officer. "We are excited about the outstanding business Kevin, Tom, and the Freedom team have built and we look forward to Freedom joining the RumbleOn team.
The acquisition is subject to customary closing conditions and is expected to close in late 2021 or early 2022.
The anticipated acquisition supports RumbleOn's growth strategy by expanding and strengthening its omnichannel offering. The addition of Freedom Powersports will expand RumbleOn's national presence to over 55 locations. (NASDAQ:RMBL), the nation's largest retailer of powersports vehicles and first omnichannel customer experience in powersports, today announced it has entered into a definitive agreement to acquire Freedom Powersports, including the business and powersports dealerships operated at 13 locations in Texas, Georgia and Alabama. Strategic expansion further strengthens RumbleOn's omnichannel offeringĭALLAS, TX / Novem/ RumbleOn, Inc. Acquisition of 13 locations will bring RumbleOn to Georgia and Alabama, and expand its presence in Texas
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