RumbleOn completed the acquisition of Freedom Powersports for $130m.

RumbleOn, a US-based online retailer that allows both consumers and dealers, completed the acquisition of Freedom Powersports, a dealer of sports and utility vehicles across the United States, for $130m. “We are transforming the powersports industry and remain singularly focused on offering unparalleled choice and unmatched experience to our customers both online and in our retail locations. The opportunity set and our business fundamentals remain strong. Adding Freedom to our portfolio further strengthens our consumer offering, expands our national footprint, and deepens our leadership position in powersports. We are more excited than ever about our future and are thrilled to officially welcome the Freedom team to the RumbleOn family,” Marshall Chesrown, RumbleOn Founder and CEO.