HZO · Categories · M&A
HZO - Mergers and acquisitions
MarineMax Inc. (FL) (HZO) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for HZO
- MarineMax Completes Acquisition of Premier Distributor and Retailer Williams Tenders USA~ Acquisition Expected to be Accretive in First Full Year of Operations ~ MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat, yacht and superyacht services company, today announced that it has completed the acquisition of Williams Tenders USA, Inc. (Williams). Headquartered in Pompano Beach, Florida, Williams is a premier distributor and retailer for UK-based Williams Jet Tenders Ltd., the world's leading manufacturer of rigid inflatable jet tenders for the luxury yacht market. The acquisition is expected to be accretive in its first full year of operations. "The addition of Williams illustrates our strategic approach to growth, focused on the acquisition of high-quality
- MarineMax Expands in the Midwest With the Addition of C&C Boat WorksSignificant storage capacity complements MarineMax's other locations in the region MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat, yacht, and superyacht services company, today announced the acquisition of C&C Boat Works, a full-service boat dealer in Crosslake, Minnesota. The transaction expands MarineMax's footprint in Minnesota to five locations. For more than 60 years, family-owned C&C Boat Works has provided Minnesota's Whitefish Chain of Lakes with outstanding customer service and premium brands. The dealership features boats from Barletta, Cobalt, Harris, and Nautique, among others. With over 1,000 feet of lakeshore, C&C Boat Works has indoor and outdoor stora
- MarineMax Completes Acquisition of Boatzon, an Innovative Customer Experience Driven Retail Technology Platform for the Marine IndustryMarineMax, Inc. (NYSE:HZO), the world's largest recreational boat and yacht retailer, has completed the acquisition of Boatzon, the first 100 percent online boat and marine digital retail platform, through its recently formed technology entity, New Wave Innovations. Just as technology has changed the car-buying experience, the integrated Boatzon platform is giving consumers the ease and convenience of browsing for financing, purchasing, and insuring a boat, entirely online. Shawn Berg, EVP, Chief Digital Officer of MarineMax and President of New Wave Innovations, stated, "Technology is integral to the growth of the marine industry, and with the acquisition of Boatzon we have added what we
- MarineMax Acquires Marine Development Company~Adds Full-Service Marine Construction to Company's Expanding Service Offerings MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat and yacht retailer, today announced the acquisition of Midcoast Construction Enterprises, LLC ("Midcoast Marine Group"), a leading full-service marine construction company based on Central Florida's Gulf Coast. "Midcoast Marine Group complements our growing marina portfolio and adds a valuable skillset to our expanding service offerings," stated W. Brett McGill, Chief Executive Officer and President of MarineMax. "Adding Midcoast Marine Group to the MarineMax family gives us the team and assets to cost-effectively manage our marina construction
- MarineMax Significantly Expands Global Marina Business with the Closing of IGY MarinasMarineMax, Inc. (NYSE:HZO), the world's largest recreational boat and yacht retailer today announced that it has significantly expanded its global marina business with the completion of the previously announced acquisition of Island Global Yachting LLC ("IGY Marinas"), effective October 1, 2022. IGY Marinas owns and operates a collection of iconic marina assets in key global yachting destinations. It distinguishes itself with a synergistic network of strategically positioned luxury marinas situated in the world's most coveted yachting and sport-fishing destinations. IGY Marinas offers a global network of 23 irreplaceable marinas in the Americas, the Caribbean, and Europe, delivering year-r
- MarineMax Further Expands Worldwide Yacht Services~Acquires Superyacht Management Company Based in the South of France~ ~Strengthens Position as World's Largest Superyacht Services Provider~ ~Committed to Growing Higher Margin Businesses~ ~Acquisition Expected to be Accretive in First Full Year~ MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat and yacht retailer, today announced that it has acquired Superyacht Management, S.A.R.L., better known as SYM. SYM is a superyacht management company based in Golfe Juan, France. The acquisition is expected to be accretive in its first full year. SYM is being acquired by Northrop & Johnson, a superyacht brokerage and charter services business, which MarineMax acquired in 2020. S
- MarineMax Completes the Acquisition of Intrepid PowerboatsMarineMax, Inc. (NYSE:HZO), the world's largest recreational boat and yacht retailer, announced today that it has completed the acquisition of Intrepid Powerboats (Intrepid), a premier manufacturer of powerboats. Intrepid Powerboats is recognized as a world class producer of customized boats, carefully reflecting the unique desires of each individual owner. Intrepid follows a direct-to-consumer distribution model and has received many awards and accolades for its innovations and high-quality craftsmanship that create industry leading products in their categories. Intrepid produced revenue in excess of $60 million during the last twelve-months. W. Brett McGill, Chief Executive Officer and
- MarineMax Expands in Texas~Acquires Texas MasterCraft~ ~Enters Largest Towboat Market in the United States~ ~Acquisition Expected to be Accretive in First Full Year~ MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat and yacht retailer, today announced it has acquired the assets of Texas MasterCraft. Texas MasterCraft is a full-service Dallas, Texas area towboat dealer that operates primarily from two locations. The Dallas-area market is the largest towboat market in the United States. Texas MasterCraft generated revenue of over $45 million in 2020. The acquisition is expected to be accretive in its first full twelve months after the closing. Texas MasterCraft is recognized annually as the largest
- MarineMax Expands in Midwest~Acquires Minnesota Based Nisswa Marine~ ~Further Strengthens Storage and Service Offerings~ MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat and yacht retailer, today announced the acquisition of Nisswa Marine (Nisswa), a full-service Midwest dealer located in Nisswa, Minnesota. Nisswa generated revenue of over $35 million in 2020. The acquisition is expected to be accretive in its first full year. Founded in the 1930's, Nisswa Marine is one of the oldest dealers in the country. Lead by Brent, Jeremy and Steve Wiczek, Nisswa Marine offers premium brands, including Mastercraft, Supra, Moomba, Chris Craft and Premier Pontoons. Providing storage for almost 1,000 boats annu
- MarineMax Acquires Cruisers Yachts~Leading American Made Yacht Manufacturer~ ~Strategically Secures and Strengthens Its Product Portfolio~ ~Cruisers' Recent Expansion Provides Additional Growth Capacity~ ~Acquisition Expected To Be Accretive in First Full Year~ MarineMax, Inc. (NYSE:HZO), the world's largest recreational boat and yacht retailer, today announced the acquisition of KCS International, Inc., better known as Cruisers Yachts, headquartered in Oconto, Wisconsin. Cruisers Yachts (Cruisers) is recognized as one of the world's premier manufacturers of premium yachts, producing models from 33' to 60' feet. Cruisers, due to demand, recently announced the expansion of their production capacity by purchasing a 216,00