Tag Archives: Brett McGill

MarineMax, Inc. has announced the promotion of Anthony E. Cassella, Jr. to Executive Vice President Finance and Chief Accounting Officer.  Cassella has served as Vice President of MarineMax since February 2016, and Chief Accounting Officer since October 2014 at which time he was appointed an Executive Officer of the Company. Brett McGill, Chief Executive Officer and President of MarineMax stated, “With today’s ...

MarineMax, Inc. (NYSE: HZO) has announced results for its first quarter ended December 31, 2022. Revenue increased 7% to $507.9 million for the quarter ended December 31, 2022, from $472.7 million in the comparable period last year. The growth was primarily driven by contributions from strategic acquisitions, including IGY Marinas which closed in October 2022. As a result of the ...

MarineMax, Inc. announced the acquisition of Midcoast Construction Enterprises, LLC (“Midcoast Marine Group”), a full-service marine construction company based on Central Florida’s Gulf Coast.  “Midcoast Marine Group complements our growing marina portfolio and adds a valuable skillset to our expanding service offerings,” stated W. Brett McGill, Chief Executive Officer and President of MarineMax. “Adding Midcoast Marine Group to the MarineMax ...

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 ...

MarineMax, Inc. announced results for its third quarter ended June 30, 2022. Revenue increased 3% to a record $688.5 million for the quarter ended June 30, 2022, from $666.3 million in the comparable period last year. Revenue growth benefitted from contributions of recent strategic acquisitions, as same-store sales declined 5% versus an increase of 6% a year ago and a ...

MarineMax recently announced its hiring of Beth Garland as its new senior vice president of people stratgey. “I am pleased to welcome Beth Garland to the MarineMax family, as the senior vice president of people strategy," Brett McGill, MarineMax CEO and president, said. "Beth’s 25-plus years of experience in human resources and operations will help us as we continue to ...

MarineMax, Inc. announced that it has invested in Boatzon. Boatzon, is the first 100% online boat and marine retailer providing secure direct marketplace services.   Boatzon provides marine enthusiasts access to boats, engines, trailers, marine products and more. Consumers can browse, finance, insure, purchase, and arrange delivery of boats and marine products entirely online. The first of its kind in ...

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 ...

MarineMax, Inc. recently announced it has acquired the assets of Texas MasterCraft. Texas MasterCraft is a full-service Dallas, Texas area towboat dealer that operates primarily from two locations. The Dallas-area market is the largest towboat market in the United States. Texas MasterCraft generated revenue of over $45 million in 2020. The acquisition is expected to be accretive in its first full ...

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, ...