Tag Archives: acquisitions

Brunswick to acquire Navico

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 in power management, digital control ...

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Southern Marinas acquires Ocean Isle Marina

Southern Marinas Holdings II, LLC, a partnership between a Denver-based private investment firm and Southern Marinas, announced the purchase of Ocean Isle Marina in Ocean Isle Beach, North Carolina. Located along North Carolina’s Intracoastal Waterway, Ocean Isle Marina is a full-service marina with best-in-class amenities providing the perfect home port for boaters looking for year-round storage and transient dockage. The marina ...

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Pelican International acquires Advanced Elements, Inc.

As part of its strategic plan, Pelican International Inc., a leader in the paddle sports industry, acquired Advanced Elements Inc., a pioneer in the inflatable market, through its wholly-owned subsidiary Confluence Outdoors Inc. This acquisition broadens Pelican’s portfolio in the paddle sports industry, as it now offers all of its quality products with a complete range of technology, in addition ...

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Warbird Marine acquires Yellowfin

Warbird Marine Holdings, formed by EagleTree Capital to invest in category-leading boat builders and managed by industry veteran John Dorton, announced it has completed the acquisition of Yellowfin Yachts. Yellowfin will be a separately managed sister company to Invincible Boat Company, which Warbird acquired in 2019. With this acquisition, Warbird becomes the largest and best capitalized designer and builder of ...

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Dometic acquires Zamp Solar

Dometic recently announced its completion of an acquisition of Zamp Solar, a North American manufacturer of mobile solar power solutions for the outdoor market. Based in Bend (Oregon) and with more than 400 active customers, Zamp Solar serves several vertical end markets in the outdoor space. Zamp Solar’s products are known for their high-quality and recycled contents, and include solar ...

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Teledyne completes acquisition of FLIR

Teledyne Technologies Incorporated (NYSE:TDY) announced the successful completion of the acquisition of FLIR Systems, Inc. (NASDAQ:FLIR​). At each of the respective company's special meeting of stockholders held on May 13, 2021, the stockholders approved and adopted merger proposals related to the Agreement and Plan of Merger dated January 4, 2021. FLIR will now be included in Teledyne's Digital Imaging segment ...

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Limestone Boat Company acquires Ebbtide Holdings

The Limestone Boat Company Limited announced the closing of its acquisition of Ebbtide Holdings,LLC in White Bluff, Tenn. Through the acquisition of Ebbtide, Limestone will not only take control of its own destiny, buthas assumed control over the design, manufacturing, marketing, sales and distribution of theAquasport and Boca Bay brands in its newly acquired facility in White Bluff, Tenn. Ebbtide– ...

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MarineMax acquires Cruisers Yachts

MarineMax, Inc. announced the acquisition of KCS International, Inc., better known as Cruisers Yachts, headquartered in Oconto, Wis. Cruisers Yachts (Cruisers) is recognized as a premier manufacturer 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 216,000 square foot, purpose-built boat manufacturing plant in Pulaski, ...

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Safe Harbor acquires Lauderdale Marine Center

Lauderdale Marine Center ("LMC") — a premier US destination and service provider for the superyacht industry in Ft. Lauderdale, Florida — recently announced its acquisition by Safe Harbor Marinas. The transaction, valued at approximately $340 million, closed on May 3, 2021.  In 1997, LMC brought a new vision to Broward County. That vision was to create the world's premier superyacht facility right in the heart ...

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West Marine acquired by private equity firm

West Marine Logo

West Marine, an integrated, omni-channel provider of aftermarket products and services to the boating, fishing, sailing and watersports markets in the U.S. announced it has entered into a definitive agreement to be acquired by L Catterton.  L Catterton is the largest global consumer-focused private equity firm and has extensive experience building enthusiast brands. Terms of the transaction were not disclosed. Founded in 1968, ...

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