Dealers

OneWater Marine to acquire T-H Marine

OneWater Marine logo

OneWater 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 to acquire and integrate niche ...

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Galati Yachts expands operations to the west coast

Galati Yacht Sales (GYS), one of the largest privately-held yacht dealerships in the world, will be assuming the Viking Yachts and Valhalla Brands from Stan Miller Yachts, the current authorized Viking Yachts and Valhalla dealer on the west coast. This acquisition expands Galati Yacht Sales' current operations to 15 locations serving the entire Gulf of Mexico (FL, AL, TX), Mexico, ...

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MarineMax recognized for online sales during SEA Awards

MarineMax announced receiving a Sitecore Experience Award (SEA) honorable mention in the 'Phy-gital' category for its work with Sagepath, a digital marketing and technology company. SEA selected the entry from more than 140 submissions, recognizing MarineMax's Exclusive Sales Event - Online Experience. "We have some of the most innovative customers and partners in the world leveraging our platform to implement digital-first strategies that ...

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MarineMax to acquire Intrepid Powerboats

MarineMax announced that it has entered into a definitive agreement to acquire Intrepid Powerboats (Intrepid), a premier manufacturer of powerboats. MarineMax expects the acquisition to close before December 31, 2021, and to be accretive in its first full twelve-month period. Intrepid Powerboats is recognized as a world-class producer of customized boats, carefully reflecting the unique desires of each individual owner. Based in Largo, Florida, ...

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OIA, ORR seek input for Workforce Assessment Survey

The Outdoor Recreation Roundtable (ORR) – of which NMMA is a founding member – has been working in collaboration with the Outdoor Industry Association and Oregon State University's Center for the Outdoor Recreation Economy on a survey to gather information about industry needs for workforce development and diversity, equity, and inclusion advancement. The voluntary Workforce Assessment Survey is seeking participation from leadership ...

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EFG Companies launches new VSC product for PWC

EFG Companies, the innovator behind the award-winning Hyundai Assurance program, is now helping personal watercraft dealers diversify their revenue streams with Personal Watercraft Protection. Available for both new and used personal watercraft, this new vehicle service contract (VSC) from EFG givespowersports dealers a market-differentiating value-add by protecting consumers from costly mechanical breakdowns, while generating cash that dealers greatly need to ...

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OneWater completes PartsVu acquisition

OneWater Marine logo

OneWater 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 team to the OneWater family ...

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Sea Tow Foundation issues entry call for 2021 National Boating Industry Safety Awards

The Sea Tow Foundation in cooperation with its newly rebranded Boating Safety Advisory Council (formerly North American Sober Skipper Advisory Council) has issued the official call for entry for its 2021 “National Boating Industry Safety Awards.” Now in its third year, the contest features 10 categories of entry, all of which recognize top boating safety programs and campaigns within the ...

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Marina Holdings named to Inc. 5000 list

Inc. magazine recently revealed that Boating Industry Top 100 dealer Marina Holdings LLC, which is comprised of Yarmouth Boat Yard, Moose Landing Marina, and Freedom Boat Club of Maine, made its annual Inc. 5000 list of thenation’s fastest-growing private companies. This prestigious ranking represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent ...

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