RumbleOn Acquires Jacksonville Powersports Retail Location (Beach Blvd Motorsports)

RumbleOn, Inc. Acquires Freedom Powersports

February 18, 2022

Retail

RumbleOn, Inc. completed the acquisition of Freedom Powersports, adding 13 retail locations across Texas, Georgia and Alabama and expanding RumbleOn’s omnichannel powersports retail footprint. The transaction closed for aggregate consideration of approximately $130.0 million (≈ $83.4M for the business and ≈ $46.6M for real estate) and supports RumbleOn’s revenue and adjusted EBITDA outlook; Freedom reported over $220.0 million of revenue and over $25.0 million of adjusted EBITDA for 2021 (unaudited).

RumbleOn Acquires RideNow to Create Omnichannel Powersports Platform

August 31, 2021

E-Commerce

RumbleOn, Inc. completed the acquisition of RideNow, acquiring 100% of the RideNow dealership portfolio to form a combined omnichannel powersports platform. The transaction consideration is up to $575.4 million (approximately $400.4 million cash and $175.0 million in RumbleOn Class B common stock) and was financed in part by a $280.0 million term loan commitment from funds managed by Oaktree Capital Management; the combined pro forma business sold more than 63,000 units in 2020 and generated approximately $1.3 billion in revenue.

Marine Connection Acquires Majority Interest in Boaters Exchange

January 1, 2022

Retail

Marine Connection acquired an 80% majority interest in Boaters Exchange, a 20-year retail boat dealership operating two Central Florida locations (Rockledge and New Smyrna Beach). The founders and former partners Jerry Butz and Paul Berube retain a combined 20% and remain in management; Boaters Exchange operates with approximately $30M in sales and 42 employees, and the deal expands Marine Connection to nine Florida locations and $100M+ in sales.

Xponential Fitness Acquires Rumble Boxing

March 25, 2021

Restaurants & Hospitality

Xponential Fitness has acquired Rumble, a boutique boxing fitness concept founded in New York City, adding the brand to its curated portfolio of franchised boutique fitness studios. Xponential plans to franchise Rumble rapidly and leverage its franchising expertise and investor backing (including Snapdragon Capital Partners) to expand the brand domestically and internationally.

Extraordinary Brands Acquires CycleBar and Rumble from Xponential Fitness

August 4, 2025

Healthcare Services

Extraordinary Brands, a Charlottesville-based multi-brand franchisor, has acquired CycleBar and Rumble from Xponential Fitness. The deal expands Extraordinary Brands' boutique fitness portfolio (adding cycling and boxing) and centralizes shared services to support franchisee profitability and growth.

Sonic Automotive Acquires Motorcycles of Charlotte and Motorcycles of Greensboro

December 6, 2024

Automotive

Sonic Automotive acquired Motorcycles of Charlotte and Motorcycles of Greensboro from Mark and Gail Engel, expanding its Sonic Powersports footprint in the Southeast. Performance Brokerage Services served as sell-side advisor and both dealerships will continue operating at their current locations in North Carolina.