He's made a TV career out of turning around struggling businesses for CNBC's The Profit. On Monday, Camping World announced it won an auction to buy St. Paul-based Gander Mountain and its Overton's boating business for a combined $37.8 million. Lemonis said the structure of the deal allows his company to "select only those stores which are profitable or we believe have a clear path to profitability," and tolds the Wall Street Journal at least half of the 160 Gander Mountains probably won't survive. For the new Monticello location, Camping World will be holding a grand opening celebration starting May 8 and lasting through that Saturday, with a ribbon cutting ceremony on May 11.