News & Resources

“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…

Brunswick 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…

Warbird 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…

White 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…

Safe 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…

OneWater Marine Inc. has completed the acquisition of Walker Marine Group, marking the largest acquisition in the company’s history, and further expanding its presence in Florida. Walker Marine Group has five locations in southwest Florida to serve its established and growing customer base with new and pre-owned boat sales, quality service and parts, as well…

DALLAS, Sept. 29, 2020 /PRNewswire/ — We are pleased to announce that Safe Harbor Marinas has entered into a definitive merger agreement with Sun Communities, Inc. (NYSE: SUI) and one of its subsidiaries in a transaction for cash and SUI equity valued at $2.11 billion. “We are excited to partner with Sun Communities, a premier real estate investment trust that…

~Accretive Acquisition of SkipperBud’s & Silver Seas Drives Meaningful Growth~ ~Combined Operation Produced $220 Million in Calendar 2019~ ~Strategically Grows Higher Margin Revenue – Significantly Grows Its Marina Portfolio~ CLEARWATER, Fla.–(BUSINESS WIRE)– MarineMax, Inc. (NYSE: HZO), the nation’s largest recreational boat and yacht retailer, today announced the acquisition of SkipperBud’s and its affiliate, Silver Seas…

Bradford Marine parent company Fort Lauderdale Yacht Harbor said it entered an agreement with Billfish Marina owner PipeWelders Marine to purchase the marina for an undisclosed price. Billfish Marina, a repair and marina facility in Fort Lauderdale, Fla., agreed to terms to be acquired by Fort Lauderdale Yacht Harbor. The acquisition of Billfish Marina and…

Southern Marinas Holdings, LLC, a partnership between a New York-based private investment firm and Southern Marinas, announced the purchase of Hi-Lift Marina in Aventura; Hidden Harbour in Pompano Beach; and Palm Harbour in Cape Haze. These Florida locations were acquired from Aqua Marine Partners, LLC in a deal that brings the growing Southern Marinas portfolio…