IRVINE, Calif. – El Monte RV, a Santa Fe Springs-based recreational vehicle rental company, has been purchased from its shareholders by Tourism Holdings Ltd. for cash and stock totaling $65 million. El Monte rents RVs from locations throughout the United States.
Corporate and tax lawyers at the California law firm Jeffer Mangels Butler & Mitchell (JMBM) – including Jay Thompson, Eric Bardwell, Jamie Ogden and Dan Carper – represented El Monte RV in the sale.
JMBM’s Jay Thompson, the lead lawyer for the seller, said the transaction was completed in a matter of weeks, closing on January 6, 2017.
“It was a pleasure to work with the principals at El Monte RV,” said JMBM’s Eric Bardwell. “The company is known for its operational excellence and convenient nationwide locations, making it an attractive acquisition for New Zealand-based Tourism Holdings.”
About El Monte RV
El Monte RV Rentals & Sales is a leading RV rental and sales company. It offers customers a wide range of motorhome rentals and travel itineraries. See El Monte RV Motorhome Vacations. The company also sells quality, well-maintained, used motorhomes from its fleet. See RV Motorhome Sales.
About JMBM’s Mergers & Acquisitions Group
JMBM’s Mergers & Acquisitions Group represents sellers, buyers, and capital providers in a wide variety of mergers, acquisitions, divestitures and financings. The Group’s lawyers provide start-to-finish assistance with the structuring, negotiation, documentation and closing of the deal, using the firm’s full resources for everything from intellectual property issues to tax-efficient deal structures. For more information, visit JMBM.com.