Tag Archives: Austin Singleton

OneWater reports record year in 2021 results

OneWater Marine logo

OneWater Marine Inc. announced results for its fiscal fourth quarter and year ended September 30, 2021.       “The OneWater team delivered record revenue and earnings in fiscal year 2021 despite a challenging supply chain environment that limited production at OEMs. In fact, customer demand has continued at historic levels with no signs of slowing, which we expect will support ...

Read More »

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 ...

Read More »

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 ...

Read More »

OneWater completes Stone Harbor Marina acquisition

OneWater Marine logo

OneWater Marine Inc. announced that it has completed the previously announced acquisition of Stone Harbor Marina (“Stone Harbor”). OneWater said Stone Harbor enhances the Company’s presence in the northeastern U.S. and expands new and pre-owned boat sales, storage, service and repair, and finance and insurance offerings. “We are elated to officially welcome Tom Russell and the Stone Harbor team into the OneWater ...

Read More »

OneWater reports strong Q3

OneWater Marine logo

OneWater Marine Inc. announced results for its fiscal third quarter ended June 30, 2021.        “The OneWater team delivered strong third quarter results, expanding gross margin by more than 800 basis points and growing earnings per diluted share to $3.04, despite the lean inventory environment. Our sales associates have done an outstanding job meeting the heightened customer demand by effectively utilizing our ...

Read More »

OneWater Marine signs agreement to acquire PartsVu

OneWater Marine Inc. announced it has signed a definitive agreement to acquire the assets of PartsVu, an online marketplace for OEM marine parts, electronics and accessories. The acquisition significantly expands the company’s presence in the marine parts and accessories sector, while helping to reduce exposure to the cyclicality of boat sales. PartsVu generated approximately $25 million in sales over the ...

Read More »

OneWater Marine named sole U.S. distributor for Sunseeker Yachts

OneWater logo

OneWater Marine Inc. announced that it was named as the sole U.S. distributor for Sunseeker Yachts. The agreement is expected to close in the third quarter and will accelerate the growth of the newly formed OneWater Yacht Group announced by the Company last month. Sunseeker is a leading manufacturer of premium yachts based in the U.K., with customers across the ...

Read More »

OneWater reports strong sales for Q1 2021

OneWater Marine logo

OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or the “Company”) today announced results for its fiscal first quarter ended December 31, 2020.         “The OneWater team delivered outstanding results in the fiscal first quarter, in what is seasonally the lowest sales quarter of our fiscal year, which highlights the agility of our sales and marketing team and the power of our digital platform. ...

Read More »

OneWater continues acquisitions with Roscioli Yachting Center

OneWater Marine logo

OneWater Marine Inc. announced that it has completed the acquisition of Roscioli Yachting Center, Inc., including the related real estate and in-water slips. OneWater said the transaction expands the company’s presence in the yacht category and provides a springboard for further growth, while amplifying the company’s service and repair offerings. Roscioli Yachting Center is a full-service marina and yachting facility ...

Read More »

OneWater Marine completes acquisition of Walker Marine Group

OneWater Marine logo

OneWater Marine Inc. has completed the acquisition of Walker Marine Group, marking the largest acquisition in the company’s history, and further expanding its presence in Florida. Walker Marine Group has five locations in southwest Florida to serve its established and growing customer base with new and pre-owned boat sales, quality service and parts, as well as finance and insurance services. ...

Read More »