Tag Archives: acquisitions

Correct Craft acquires Pacer Marine Engineering

Leaders of Pacer Marine Engineering, StarFlite Technology and Correct Craft pose for a photo.

Correct Craft recently announced the acquisition of Pacer Marine Engineering (PME). PME’s assets will be acquired and owned by Correct Craft’s StarFlite Technology Group and operated as Mach Connections, LLC, effective immediately.For over 40 years, the Swiatkowski family has built PME into an industry leader in the marine space, offering their customers solutions and long-lasting products. PME’s engineering team has ...

Read More »

OneWater completes Harbor View Marine acquisition

OneWater

OneWater Marine Inc. announced today that it has completed the previously announced acquisition of Harbor View Marine. The transaction expands the Company’s presence in the Gulf Coast region and enhances new and pre-owned boat sales, finance, and parts and services offerings. “We are thrilled to welcome Harbor View Marine and their loyal, local following to the OneWater family. The acquisition ...

Read More »

OneWater to acquire Harbor View Marine

OneWater

OneWater Marine Inc. announced that it has signed a definitive agreement to acquire Harbor View Marine, one of the Gulf Coast’s largest locally owned dealerships. The acquisition will further expand the Company’s footprint on the Gulf Coast and is expected to enhance new and pre-owned boat sales, finance, and parts and services offerings. The transaction is expected to close in ...

Read More »

OneWater completes Taylor Marine Centers acquisition

OneWater

OneWater Marine Inc. announced that it has completed the previously announced acquisition of Taylor Marine Centers. The transaction expands the Company’s presence in the Mid-Atlantic U.S. and enhances new and pre-owned boat sales, finance, and parts and services offerings. “The acquisition of Taylor Marine Centers is another great addition to our impressive list of strategic acquisitions. This transaction complements our ...

Read More »

Lippert to acquire Resonado Audio

Lippert logo

 LCI Industries recently announced that its wholly-owned subsidiary, Lippert Components, Inc. (Lippert), a manufacturer and supplier of a broad array of highly engineered components for leading RV, marine, and automotive manufacturers, has entered into a license agreement to acquire exclusive rights from audio technology company Resonado, Inc. to the Resonado Performance Audio (Resonado) brand for the recreational vehicle, marine, powersports, specialty ...

Read More »

Kenect acquires Friendemic

Kenect Logo

Kenect, a texting solution used by nearly 6,000 businesses throughout North America, announced that it has completed the acquisition of Friendemic, a leading provider of online reputation and digital communication software solutions for automotive and powersports dealerships and manufacturers. This transaction brings together two companies with the shared mission of connecting businesses with their customers. Financial terms of the deal ...

Read More »

Suntex acquires Channel Club Marina

Suntex Marina Investors, LLC (Suntex) announced the acquisition of Channel Club Marina located in Monmouth Beach, New Jersey.“Channel Club Marina is an amazing location, offering a host of amenities in the very popular Jersey Shore area,” said David Filler, Investments Partner, Suntex Marinas. “Having made a number of recent investments in the New Jersey and New York area, this property ...

Read More »

MarineMax to acquire IGY Marinas

MarineMax, Inc. today announced that it has entered into a definitive agreement to acquire Island Global Yachting LLC (IGY Marinas), which owns and operates a collection of marina assets and a yacht management platform in key global yachting destinations. MarineMax will acquire IGY Marinas for $480 million in cash, with an additional potential earnout of up to $100 million two ...

Read More »

Power Lodge acquires Miller Marine

Miller Marine of Saint Cloud, MN is under new ownership. The dealership was purchased by Power Lodge of Minnesota, owned and operated by Tom Dehn, a 35-year veteran in the recreational sales industry. Miller Marine has grown to become one of the largest single-point boat dealerships. They are the world’s No. 1 seller of high-performance boats from Bennington. In 2021, ...

Read More »

MarineMax acquires SYM

MarineMax, Inc. 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. SYM expands Northrop ...

Read More »