Thor / Tourism Holdings JV (TH2) Acquires Roadtrippers and Related RV Travel Platforms
February 20, 2018
A joint venture called TH2 formed by Thor Industries and Tourism Holdings is acquiring Cincinnati-based Roadtrippers alongside Roadtrippers Australasia, Cosmos (an RV fleet/CRM platform), New Zealand peer-to-peer rental firm Mighway, and CamperMate. Thor is making an initial investment of about $50 million in TH2, which will be headquartered in Cincinnati and led by Airstream’s top executive; financial terms for the acquisitions were not disclosed.
- Buyers
- TH2 (joint venture of Thor Industries and Tourism Holdings Ltd.), Thor Industries, Inc., Tourism Holdings Ltd.
- Targets
- Roadtrippers, Roadtrippers Australasia, Cosmos, Mighway, CamperMate
- Industry
- Software
- Location
- Ohio, United States
- Transaction Type
- Buyout
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