In March 2017, Gander Mountain filed for Chapter 11 bankruptcy after struggling with intense competition from e-commerce and a surplus of underperforming stores. Shortly after, Camping World emerged as the winner of the bankruptcy auction with a bid of approximately $37.8 million. Key details of the deal included:
The misconception that Bass Pro Shops bought Gander Mountain likely stems from several overlapping events in the outdoor retail industry:
: A separate group of liquidators was chosen to sell off existing inventory at the physical store locations.
: Under the leadership of CEO Marcus Lemonis , the chain was rebranded as Gander Outdoors . Why the Confusion?
: Camping World acquired Gander Mountain's intellectual property, brand name, and its boating subsidiary, Overton's .
No, did not buy Gander Mountain . While Bass Pro Shops is known for its massive acquisitions in the outdoor retail space—most notably its $5.5 billion purchase of Cabela's in 2017—Gander Mountain was actually acquired by Camping World Holdings, Inc. . The Acquisition of Gander Mountain
In March 2017, Gander Mountain filed for Chapter 11 bankruptcy after struggling with intense competition from e-commerce and a surplus of underperforming stores. Shortly after, Camping World emerged as the winner of the bankruptcy auction with a bid of approximately $37.8 million. Key details of the deal included:
The misconception that Bass Pro Shops bought Gander Mountain likely stems from several overlapping events in the outdoor retail industry:
: A separate group of liquidators was chosen to sell off existing inventory at the physical store locations.
: Under the leadership of CEO Marcus Lemonis , the chain was rebranded as Gander Outdoors . Why the Confusion?
: Camping World acquired Gander Mountain's intellectual property, brand name, and its boating subsidiary, Overton's .
No, did not buy Gander Mountain . While Bass Pro Shops is known for its massive acquisitions in the outdoor retail space—most notably its $5.5 billion purchase of Cabela's in 2017—Gander Mountain was actually acquired by Camping World Holdings, Inc. . The Acquisition of Gander Mountain