Retail Acquisitions in Oregon

Retail Deal Themes Across Oregon

Oregon retail acquisitions from 2020 through 2026 show a mix of dealership expansion, consumer brand building, and platform growth—spanning RV retail, luxury automotive, outdoor/e-commerce, personal care franchising, and cannabis retail-adjacent businesses.

Several repeat buyers appear in Oregon, including Camping World Holdings, Inc. and Lithia Motors Inc., both pursuing additional local footprint through acquisitions and rebranding. Other deals highlight how operators use e-commerce and fulfillment capabilities to grow within specific categories such as cycling, action sports, and mattress retail.

Across these transactions, acquirers commonly pair a local Oregon presence with broader growth intent—whether that’s expanding store counts, scaling a franchise platform, or integrating product lines into existing brands and delivery offerings.

What Stands Out

  • Camping World Holdings, Inc. repeatedly expands in Oregon through acquisitions of RV dealers (including plans to grow its Oregon store count).
  • Lithia Motors Inc. strengthened its local luxury footprint with the acquisition of Mercedes-Benz of Medford (including related real estate) in Medford.
  • Specialty retailers used acquisitions to add capabilities: Backcountry acquired Velotech to support growth in U.S. cycling via product assortment, content, and fulfillment collaboration.
  • The Riverside Company acquired Bishops Cuts/Color with an intent to grow nationally and use it as a franchising platform for additional personal care services brands.
  • Oregon deals include both single-location acquisitions and combinations designed to create broader regional platforms (e.g., merged farm & ranch retail operations).
  • Buyer
    Lithia Motors Inc.
    Target
    Mercedes-Benz of Medford
    Seller
    Lancaster County Motors
    Industry
    Retail
    Type
    Buyout

    Lithia Motors Inc. acquired Mercedes-Benz of Medford (including related real estate) from Lancaster County Motors. The transaction closed on February 23 in Medford, Oregon, strengthening Lithia’s local luxury Mercedes-Benz footprint.

  • September 8, 2025
    Buyer
    Backcountry
    Target
    Velotech
    Industry
    Retail
    Type
    Buyout

    Backcountry, a specialty outdoor retailer headquartered in Park City, Utah, has acquired Velotech, a Portland-based e-commerce cycling retailer that operates BikeTiresDirect, Western Bikeworks, and TriSports. Velotech will continue operating its existing websites independently while Backcountry and Velotech plan to collaborate on product assortment, content, and fulfillment to expand Backcountry's presence in the U.S. cycling market.

  • Buyer
    The Riverside Company
    Target
    Bishops Cuts/Color
    Industry
    Retail
    Type
    Buyout

    The Riverside Company has acquired Bishops Cuts/Color, a Portland, Oregon–based franchise haircare provider with more than 40 locations across the United States. Riverside intends to grow Bishops' footprint nationally and use the business as a franchising platform to add additional personal care services brands.

  • Buyer
    Camping World Holdings, Inc.
    Target
    Funtime RV
    Industry
    Retail
    Type
    Buyout

    Camping World Holdings, Inc. announced it will acquire Funtime RV, an Oregon-based dealer operating locations in Tualatin, Sandy and Klamath Falls. The deal is expected to close in Q3 2023 and will expand Camping World's Oregon footprint to nine locations, strengthening its market position in the state.

  • Buyer
    Camping World Holdings, Inc.
    Target
    All Seasons RV
    Industry
    Retail
    Type
    Buyout

    Camping World Holdings, Inc. has agreed to acquire All Seasons RV, located in Bend, Oregon. The deal is anticipated to close in the second quarter of 2023 and is expected to expand Camping World’s presence in Oregon to six locations.

  • Buyer
    C-A-L Ranch Stores, Nolan Capital, Del Mar Ventures
    Target
    Coastal Farm & Home
    Industry
    Retail
    Type
    Buyout

    C-A-L Ranch Stores and Coastal Farm & Home have entered a definitive merger to create a combined farm & ranch retail platform operating 54 stores across six Western U.S. states with over 2,200 associates. Nolan Capital — the majority partner of Coastal — will retain a majority stake in the combined business; Tom Yearsley (CEO of C-A-L) will lead the combined company and Larry Hayward (Del Mar Ventures) will serve as non-executive chairman.

  • Buyer
    Nolan Capital, Inc., Del Mar Ventures, Ted Nark
    Target
    Coastal Farm & Ranch
    Seller
    Buzz Wheeler
    Industry
    Retail
    Type
    Buyout

    Nolan Capital acquired a majority stake in Coastal Farm & Ranch, the Pacific Northwest farm-and-home retailer headquartered in Albany, Oregon. Longtime owner Buzz Wheeler retains an ownership stake and the existing management team remains in place as Nolan Capital and participating investors (Del Mar Ventures and Ted Nark) plan to support growth and scale the business across the Western U.S.

  • Buyer
    Stem Holdings, Inc. (d/b/a Driven By Stem)
    Target
    Artifact Extracts, Dispensary in Salem, Oregon (to be renamed TJ's on Broadway), Dispensary in Eugene, Oregon (to be renamed TJ's on 7th)
    Industry
    Retail
    Type
    Buyout

    Stem Holdings, Inc. (d/b/a Driven By Stem) acquired Artifact Extracts, a cannabis extraction company based in Oregon, along with two dispensaries and Salem delivery capabilities. The transaction expands Stem's concentrates production capabilities and West Coast retail footprint, enabling integration of Artifact's product lines into Stem's brands and rollout of its Budee delivery platform in Salem and Eugene.

  • Buyer
    Bish's RV
    Target
    Guaranty RV Super Centers
    Seller
    Nill family
    Industry
    Retail
    Type
    Buyout

    Bish's RV, a family-owned RV dealer group headquartered in Meridian, Idaho, has acquired Guaranty RV Super Centers, a long-standing family-owned RV dealership in Junction City, Oregon. FOCUS Investment Banking represented the Nill family in the sale, which Bish's said was the best cultural fit to continue the Nill family legacy and preserve continuity for employees and customers.

  • Buyer
    Traction Capital Partners
    Target
    Stumptown Mattress
    Seller
    Michael Hanna, Mary Ruth Hanna
    Industry
    Retail
    Type
    Buyout

    Traction Capital Partners, a Pacific Northwest permanent equity firm, has acquired Portland-based Stumptown Mattress from founders Michael and Mary Ruth Hanna. The buyers said they plan to build on Stumptown’s retail and growing e‑commerce platform in the Portland and Greater Pacific Northwest markets; financial terms were not disclosed.

  • Buyer
    Camping World Holdings, Inc.
    Target
    All RV Needs
    Industry
    Retail
    Type
    Buyout

    Camping World Holdings agreed to acquire All RV Needs, a South Medford, Oregon RV dealer, and will rebrand the location as Gander RV. The acquisition expands Camping World’s retail footprint in Oregon to five SuperCenters and supports the company’s local growth and customer service strategy.

  • Buyer
    TSI US Holdings Co., Ltd., TSI Holdings Co., Ltd.
    Target
    Tactics
    Seller
    Bob Chandler, Matt Patton, Shawn Gilliam
    Industry
    Retail
    Type
    Buyout

    TSI US Holdings Co., Ltd., the U.S. subsidiary of Japan-based TSI Holdings Co., Ltd. (TYO: 3608), acquired an 88% majority stake in action-sports retailer Tactics. Co-founders Bob Chandler, Matt Patton, and Shawn Gilliam retain minority ownership and will continue as senior executives (Chandler named CEO); the deal gives TSI greater penetration into the action sports/streetwear market across e-commerce and retail channels.

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Frequently Asked Questions

Which retail subsectors show up most in Oregon acquisitions?

The page highlights RV retail/dealership activity, luxury automotive dealerships, and consumer retail categories such as outdoor specialty, cycling e-commerce, personal care franchising, mattresses, and action-sports/streetwear.

Are there any buyers that appear more than once?

Yes. Camping World Holdings, Inc. appears multiple times for Oregon RV dealer acquisitions, and other recurring acquirers on the page include Lithia Motors Inc. and Stem Holdings, Inc. (d/b/a Driven By Stem).

Do these deals focus only on Oregon-based targets?

Most targets are Oregon-based or have Oregon operations. For example, the Velotech transaction involves a Portland-based e-commerce retailer, and several RV-related targets are located in Oregon.

What kinds of growth strategies are described in the transaction summaries?

Summaries frequently mention expanding local store footprints (and sometimes rebranding), scaling nationally (including franchising), and integrating products, web sales, content, and fulfillment to expand category presence.

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