Gander Mountain Sold for $390 Million

April 29th, 2017:
By Blake Alma,

Gander Mountain filled a bankruptcy just a few weeks ago. Gander Mountain held a bankruptcy auction and the winning bid was $390 million! Camping World won this auction. Sportsman's Warehouse attempted to purchase Gander Mountain but was outbid. The bid also included all of Gander Mountain’s intellectual property and the Overton’s boating business.

Camping World will be operating at least 17 Gander Mountain stores. An auction for Gander Mountain’s remaining 100+ stores will be held sometime in the future. As of now, the Camping World auction results require final approval from a U.S. bankruptcy court judge.