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RumbleOn inks acquisition agreement with powersports dealer RideNow

The move creates a public powersports dealership platform with a $100B market

Amanda Harris

Online used-vehicle retailer RumbleOn and powersports dealer RideNow have inked an acquisition deal to create an omnichannel dealership platform tapping into a $100 billion market. The $575.4 million equity purchase agreement — consisting of $400.4 million in cash and $175 million in RumbleOn Class B Common Stock — combines RumbleOn’s technology with RideNow’s footprint to […]

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