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Tag Archives: Crest Marine LLC

MasterCraft reports Q2 FY 2019 results

MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT), designer, manufacturer and marketer of recreational powerboats through its three wholly-owned subsidiaries, MasterCraft Boat Company, LLC, NauticStar, LLC, and Crest Marine LLC, announced financial results for its fiscal 2019 second quarter ended Dec. 30, 2018. Total net sales for the fiscal second quarter were $121.5 million, reflecting an increase of $43.1 million, or 55.0 ...

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MasterCraft completes acquisition of Crest Marine LLC

MCBC Holdings, Inc. has completed the previously announced acquisition of Crest Marine LLC, a vertically integrated manufacturer of high-quality pontoon boats in the United States, for approximately $80 million After netting the impact of $10 million in net present value of future tax benefits, the acquisition price was revised to approximately $70 million. King & Spalding LLP and Egerton, McAfee, ...

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MasterCraft signs agreement to acquire Crest Marine LLC

MCBC Holdings, Inc., the parent entity of MasterCraft Boat Co., LLC , and NauticStar, LLC, has entered into a definitive agreement to acquire Crest Marine, LLC, a U.S. manufacturer of high-quality pontoon boats, for approximately $80 million. MasterCraft also expects that approximately $10 million net present value of future net tax benefits will accrue to the combined company. The transaction ...

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