Cape Cod, MA and Jupiter, FL– July 21, 2021 – David Kendall, owner of U.S. Marina Brokers, and Mike Howell, owner of Safe Haven Advisors, are pleased to announce they have created a partnership to build the first national marina and marine specialty advisory firm that within SVN’s network of +200 locally registered offices is capable of transacting anywhere in the United States or Caribbean. The newly formed partnership will do business as SVN | Marinas & Marine Specialty Advisors, and maintain primary offices in Jupiter, Florida and Cape Cod, Massachusetts.
David Kendall was the founder of U.S. Marina Brokers, which established itself as a leading marina broker in the Southeastern United States. Mike Howell was the founder of Safe Haven Advisors after having spent nearly 20 years as an international M&A investment banker with extensive expertise in marine related transactions. Together the newly created firm will focus on marinas, marine properties, and marine business transactions.
The large and highly fragmented marina and marine industries are experiencing significant consolidation driven by a combination of strategic acquirers, institutional investors, and high net worth family offices. As a result, competition for attractive assets is at an all-time high and there is a convergence between the acquires of historically passive income driven marinas and actively managed marine property and businesses with significant synergies being realized from the overlap. SVN | Marinas & Marine Specialty Advisors is uniquely capable of navigating the complexities of this changing market landscape.
Together we have assembled the largest contact database of marina and marine acquires and sellers together with established relationships with key industry participants. Mike Howell, commented that, “I am thrilled to have David as a partner in this venture as he brings a wealth of knowledge about the marina market and has been at the forefront of the development of SVN’s marina specialty practice.” David Kendall, went on to add, “Mike brings years of experience transacting complicated M&A transactions combined with an intimate knowledge of the marine industry. As partners we will be able to provide sophisticated professional advisory services to buyers and sellers of all types of marine properties and business assets.”