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Tag Archives: NauticStar

NauticStar’s integration with MasterCraft enters initial phase

Capitalizing on the synergies found in a $79.8 million transaction will be a critical task for MasterCraft as the company begins initial efforts to integrate NauticStar into its already diverse boating product portfolio. NauticStar currently sells its boats in the United States through an established network of approximately 70 dealers. In the calendar year ending in 2016, the company generated ...

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MasterCraft acquires NauticStar, LLC

MasterCraft has acquired NauticStar, LLC, for approximately $79.8 million. The transaction is expected to be accretive to MasterCraft’s earnings per share in fiscal 2018.  MasterCraft’s acquisition of NauticStar was completed as a simultaneous sign and close. In a conference call this morning, Chief Financial Officer Tim Oxley said MasterCraft will use cash on hand and a new, $145-million credit facility ...

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