Southern Marinas Holdings announced in a statement that it has acquired Grand Harbor Condominiums and Marina on Pickwick Lake in Tennessee. The property is on the Tennessee-Mississippi border, less than a mile from the Alabama state line. Located at the junction of the Tennessee River and the Tombigbee Waterway, the marina attracts boaters cruising the…
Read MoreOneWater Marine Inc. announced today that it has entered into a definitive agreement to acquire T-H Marine, a provider of branded marine parts and accessories, for approximately $185 million. The transaction is expected to close in the calendar fourth quarter of 2021. “With its comprehensive product portfolio, reputation for innovation, omni-channel sales strategy, and ability…
Read MoreOneWater Marine Inc. announced that it has completed the previously announced acquisition of PartsVu (“PartsVu”), an online marketplace for OEM marine parts, electronics and accessories. PartsVu enhances the Company’s presence in the marine parts and accessories sector while helping reduce exposure to the cyclicality of boat sales. “We are thrilled to officially welcome the PartsVu…
Read MoreCape 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…
Read MoreCape Cod, MA – May 14, 2021 – SVN | Safe Haven Advisors, a specialized commercial real estate and business advisory firm in Mashpee, MA is pleased to announce it has arranged for the Atlantic White Shark Conservancy (“AWSC”) to develop a white shark exhibit on the ground floor of 16 MacMillan Wharf. The property, which…
Read More“Our motto is: We don’t just sell boats, we sell boating,” MarineMax CEO and President Brett McGill tells me when we discuss his company’s acquisition of the esteemed Cruisers Yachts boat builder (with its own heritage dating back to 1904). “And our history has been one of constant innovation, driven by my father Bill McGill’s…
Read MoreBrunswick Corporation has entered into a definitive agreement to acquire Navico, a global leader in marine electronics and sensors for $1.05 billion. As a result of this acquisition, Brunswick will add the industry leading brands of Lowrance, Simrad, B&G, and C-MAP to its Advanced Systems Group (ASG), which includes the leading Parts & Accessories (P&A) brands…
Read MoreWarbird Marine Holdings, formed by EagleTree Capital to invest in category-leading boatbuilders and managed by industry veteran John Dorton, announced it acquired Yellowfin Yachts. Financial terms were not disclosed. Yellowfin will be a separately managed sister company to Invincible Boat Co., which Warbird acquired in 2019. “We are delighted to add Yellowfin to our Warbird…
Read MoreWhite River Marine Group announced a significant expansion of its saltwater manufacturing footprint with the acquisition of Hatteras Inc., in New Bern, North Carolina. The brand will become part of the White River Marine Group. The company’s family of brands includes Tracker, Mako, Ranger, Triton, Tahoe, Nitro and others. The addition will shift the focus…
Read MoreSafe Harbor Marinas paid $340 million for a superyacht storage and repair facility in Fort Lauderdale. Dallas-based Safe Harbor Marinas, led by Baxter Underwood, bought the Lauderdale Marine Center at 2029 Southwest 20th Street from The Carlyle Group, records show. The property spans 60 acres along the New River’s South Fork. Lauderdale Marine Center was…
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