RecNation launched in 2020 to acquire and develop RV and boat storage facilities across the U.S. Since then, it's launched one complementary business after the next. [Image: RecNation]
RecExec offers marketing, sales, and operational expertise to other RV and boat storage property owners and developers across the country. RecResale is RecNation’s officially licensed RV dealership for its RV storage customers who are interested in selling their RVs.
Aiming to solve pain points for both RV owners and renters, RecNation says it will be operating "a first-of-its-kind business for easy rental management"—providing concierge-style service on everything from listing and marketing the RV rental to customer service, post-trip cleaning, repairs, and more.
In the wake of Dallas-based RecNation's securing a $500M debt facility to supercharge its national expansion of its recreational storage and rental service, founder and CEO Gary Wojtaszek gave a playful hint of things to come on LinkedIn.
Across the U.S., lake homes and lot listings have surged $5.9 billion since February, with 73,925 lake properties on the market nationwide. And by far the greatest number of listings are in Texas, which ranks No. 1 in the U.S. with 14,669 watery-view offerings. And the U.S. lake with the second-most listings overall? Lake Lewisville, right here in North Texas. See why lake homes are selling like hot cakes—and why Texas is on top.
In this week’s North Texas deal flow, you’ll also find news about Mavenir’s $155M raise, Pinnacle Realty Advisors raising $5M for ‘brokerage-as-a-service’ platform, Exela Technologies taking its European business unit public, American Airlines’ hydrogen fuel distribution investment, and more.
Gary Wojtaszek turned Dallas-based CyrusOne public and grew it into a leading global data center firm. It recently sold for $15 billion. Now—instead of storing computers and data—he aims to store America's RVs, boats, and other "toys" with his new startup, RecNation. With funding secured from Centerbridge Partners, he aims to grow his company by 75 locations a year—and build another multi-billion-dollar business.
The leading owner, operator, and developer of RV and marine storage facilities has recently expanded with 30 locations across Texas and Florida, while making key leadership hires. Aided by the $300M facility led by Truist Securities and Citizens Bank, it plans to expand to an additional 150 locations over the next two years.
"Now we are rolling," the company's founder, former CyrusOne CEO Gary Wojtaszek, told Dallas Innovates.
During a merger or acquisition, careful attention must be paid to the seller’s retirement plan(s) to ensure there are no issues after the transaction. With proper planning, there can be a smooth transition with minimal impact on the employees....
North Texas is a big place, with plenty to do, see, hear, and watch. So, we scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
To date, most organizations in life sciences & health care (LSHC) have only scratched the surface of AI’s potential—primarily using it to automate repetitive tasks and standard business processes. For most organizations, the single most important AI building block is data: getting access to the rich data that AI systems require, and then managing that data in a coordinated way across the enterprise....
Dallas-based Rad, the first NFT-powered streaming service offering a unique blend of entertainment and technology for Web 3, announced that it has secured significant funding in a follow-on round led by Ayre Ventures and that it has incorporated the use of BSV Blockchain into its publishing and purchasing flow for transactional video on demand and open or limited edition NFT video....
Techstars Demo Day on Wednesday at The University of North Texas Health Science Center at Fort Worth will showcase 10 innovative companies as the culmination of a three-month accelerator program that promises to revolutionize the physical health industry....
Global alternative asset management firm TPG and United Arab Emirates-based ALTÉRRA have announced an aggregate $1.5 billion commitment to the next generation of TPG Rise Climate private equity funds, including its new Global South Initiative....
During a merger or acquisition, careful attention must be paid to the seller’s retirement plan(s) to ensure there are no issues after the transaction. With proper planning, there can be a smooth transition with minimal impact on the employees....
North Texas is a big place, with plenty to do, see, hear, and watch. So, we scour the internet every week to find events and activities for you. As always, things may change at any time, so be sure to check the official website or registration page for the latest details....
To date, most organizations in life sciences & health care (LSHC) have only scratched the surface of AI’s potential—primarily using it to automate repetitive tasks and standard business processes. For most organizations, the single most important AI building block is data: getting access to the rich data that AI systems require, and then managing that data in a coordinated way across the enterprise....
Dallas-based Rad, the first NFT-powered streaming service offering a unique blend of entertainment and technology for Web 3, announced that it has secured significant funding in a follow-on round led by Ayre Ventures and that it has incorporated the use of BSV Blockchain into its publishing and purchasing flow for transactional video on demand and open or limited edition NFT video....
Techstars Demo Day on Wednesday at The University of North Texas Health Science Center at Fort Worth will showcase 10 innovative companies as the culmination of a three-month accelerator program that promises to revolutionize the physical health industry....
Global alternative asset management firm TPG and United Arab Emirates-based ALTÉRRA have announced an aggregate $1.5 billion commitment to the next generation of TPG Rise Climate private equity funds, including its new Global South Initiative....