Kennedy Lewis Investment Management, a New York-based alternative investment firm managing more than $37 billion in assets, has acquired a majority ownership stake in roadsurfer, a Munich-based campervan and motorhome rental company operating across Europe and North America.
The investment will support roadsurfer’s continued expansion and long-term growth strategy as the company strengthens its position in the camper travel and outdoor leisure market.
Financial terms of the transaction were not disclosed.
Founded in Munich in 2016, roadsurfer operates a fleet of approximately 10,000 vehicles across 100 rental locations in 16 countries, including markets in Europe, the United States and Canada.
Its rental fleet includes compact campervans, panel vans
Its rental fleet includes compact campervans, panel vans and larger motorhomes, serving travelers seeking flexible road trips and outdoor vacation experiences.
The investment gives Kennedy Lewis a controlling ownership position in a business that has expanded internationally over the past decade.
“We are excited to partner with Kennedy Lewis and appreciate their confidence in roadsurfer and the business we have built,” said Markus Dickhardt, founder and CEO of roadsurfer.
Their support will help us continue strengthening our
“Their support will help us continue strengthening our operations and building on our position as a leading camper travel provider.”
Kennedy Lewis specializes in alternative credit investments and structured capital solutions, including financing for asset-intensive businesses.
The firm has experience investing in the travel and leisure industry and plans to use its financial expertise and industry relationships to support roadsurfer’s next phase of development.
Roadsurfer has built the world’s leading brand
“roadsurfer has built the world’s leading brand for camper travel, supported by an established fleet and compelling customer offering,” said Ludwig Schrittenloher, Managing Director at Kennedy Lewis.
“We look forward to supporting roadsurfer’s next phase of growth and building on the strong foundation the team has established.”
The transaction reflects Kennedy Lewis’ interest in the long-term growth potential of the camper travel and outdoor recreation sector.
For roadsurfer, the investment provides the backing
For roadsurfer, the investment provides the backing of an institutional investment manager with experience supporting businesses that require substantial capital investment in physical assets.
Kennedy Lewis Investment Management was founded in 2017 by David Chene and Darren Richman. The firm manages approximately $37.1 billion across credit strategies and employs more than 150 professionals.
Headquartered in New York, Kennedy Lewis also maintains offices in Miami and Geneva.
With Kennedy Lewis as its majority shareholder, roadsurfer will continue focusing on operational development and sustainable growth across its international campervan and motorhome rental network.
