Rev Group

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Rev.png
www.revgroup.com
REV Group, Inc.
Type Public
Industry Automotive
Founded 2010
Slogan Vehicles for Life
Headquarters Milwaukee, Wis, United States
Key people Timothy William Sullivan (CEO), Dean J. Nolden (CFO), Robert Collins, Gary Hunter, Philip Matt Ford
Number of employees 6000 [1]

REV Group, formerly known as Allied Specialty Vehicles, manufactures specialty vehicles such as ambulances and shuttles at 15 locations, many of which are in the Midwest. [2] Its products include ambulances, fire trucks, shuttle buses, transit buses, yard trucks, street sweepers, luxury motorhomes and wheelchair accessible vehicles. REV owns 26 brands, employs more than 6,000 people in 16 different manufacturing facilities in the U.S., and produces more than 20,000 specialty vehicles annually. REV Group recently moved its corporate headquarters from Orlando, Fla., to Milwaukee, Wis. [3]
It is looking to raise up to $100 million in an initial public offering with Goldman Sachs, Morgan Stanley and Baird as the underwriters.

Products

REV Group, Inc. manufactures and delivers motor vehicles for commercial, fire and emergency, and recreation markets. [4]

  • It offers Type I, II, and III ambulances; light and medium duty commercial
  • Type A school, heavy duty transit, and luxury commercial buses
  • Fire trucks
  • Mobility conversion vehicles
  • Luxury class A and class C motorcoaches
  • Custom molded composite products
  • Ride-on and walk behind sweepers, and shuttles and terminal trucks.
  • Financing and refinancing for new and used equipment and TRAC, split TRAC, and fair market value leasing options.
  • It sells apparel, gears, and headwear online; and provides technical support to dealers and customers to keep vehicles in the field operating

REV Financial Services provides SV and manufactured equipment dealers with a range of financing programs, and access to a suite of online business tools that can help meet today's complex business requirements and simplify inventory management.The benefits of REV Financial Services extend beyond flexible financing programs. Dealers can tap into resources tailored for streamlining day-to-day operations and help businesses grow with:

  • Common operating platform for all North American REV dealers
  • Pre-owned financing capabilities
  • Opportunities for improved liquidity and enhanced cash flow
  • Field service representatives deployed to complete onsite inventory inspections
  • Dedicated sales and servicing professionals with extensive industry experience

[5]

Controversies

None Reported

Top 5 Recent Tweets

DateAuthorComment
November 30, 2020maddow"Rev. Lewis is part of a small group of young Catholic priests who administer sacraments and last rites. He gets ca… https://t.co/DqY3ORR5bo
November 24, 2020Gidi_Traffic“@Austynzogs: @Gidi_Traffic Rev. Father Mathew Dajo, of the Catholic Archdiocese of Abuja was kidnapped on Sunday n… https://t.co/O0sgnDxJd6
December 01, 2020Trade_The_News$UNH Guides initial FY21 $17.75-18.25 v $18.32e, Initial Rev $277-280B v $279.0Be - PR ahead of 12/1 investor day (… https://t.co/LHjVFy9EuZ


Top 5 Recent News Headlines

  • ElDorado Mobility, A Rev Group Manufacturer, Launches All-New Mobility Website - Website connects customers to wheelchair accessible vans with robust tools. [6]
  • Rev Group looks to raise up to $100 million in IPO - The maker of specialty and recreational vehicles reported 2015 revenue of $1.74 billion and net income of $22.9 million. [7]
  • REV Group, Inc. selects Wells Fargo Commercial Distribution Finance for inventory financing program - REV Financial Services™ will offer floorplan financing for specialty vehicles. [8]
  • Fast-growing REV Group to move HQ from Orlando to Milwaukee - Former Bucyrus CEO moves second out-of-state firm here. [9]
  • Rev Group Announces Three New Partners to its Emergency Vehicle Dealership Network - New dealers expand offerings in Mid-South, New England and Upper Midwest. [10]

Reference

  1. http://www.nasdaq.com/markets/ipos/company/rev-group-inc-1006755-81943
  2. https://www.biztimes.com/2016/02/23/fast-growing-rev-group-to-move-hq-from-orlando-to-milwaukee/
  3. http://www.prnewswire.com/news-releases/eldorado-mobility-a-rev-group-manufacturer-launches-all-new-mobility-website-300350406.html
  4. http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=113541117
  5. http://www.prnewswire.com/news-releases/rev-group-inc-selects-wells-fargo-commercial-distribution-finance-for-inventory-financing-program-300346589.html
  6. http://www.prnewswire.com/news-releases/eldorado-mobility-a-rev-group-manufacturer-launches-all-new-mobility-website-300350406.html
  7. http://www.marketwatch.com/story/rev-group-looks-to-raise-up-to-100-million-in-ipo-2016-10-24
  8. http://www.prnewswire.com/news-releases/rev-group-inc-selects-wells-fargo-commercial-distribution-finance-for-inventory-financing-program-300346589.html
  9. https://www.biztimes.com/2016/02/23/fast-growing-rev-group-to-move-hq-from-orlando-to-milwaukee/
  10. http://www.jems.com/articles/2016/10/rev-group-announces-three-new-partners-to-its-emergency-vehicle-dealership-network.html

Verification history