Tag Archives: IGY Marinas

MarineMax, Inc. announced results for its fiscal third quarter ended June 30, 2023. Revenue in the fiscal 2023 third quarter increased to a record $721.8 million from $688.5 million in the comparable period last year. The 4.8% top-line growth was driven primarily by the acquisition of IGY Marinas, which the company acquired in October 2022, increased manufacturing revenue and stronger ...

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 ...

It’s no secret that corporate responsibility and community support are main core values here at IGY Marinas. However, it doesn’t matter how much you talk about giving back to your community, if you don’t actually follow through with your promises. The easiest way to do that would be to just write a check and call it a day. But not ...

Boating plays a major in role in the economic and social infrastructure of many Caribbean islands. It is a unique ecosystem involving local boater, international yachting adventurers, local tradesmen and a rich history and culture of exploration and intrigue. We must also be diligent supporters for these island communities in their time of need. In wake of catastrophic physical, psychological ...

A company’s long-term sustainable growth is largely dependent on the investment that it makes in several aspects of the business. For IGY Marinas, we strive to continually search for ways to work with the local communities daily, whether it be through training or employment opportunities, economic development initiatives or philanthropic events. The outcome of investing in this way is the ...

IGY Marinas announced that it has expanded its portfolio with the addition of Ortega Landing in Jacksonville, Fla. The new marina builds upon IGY’s growth strategy, as this will be its first facility in North Florida. Ortega Landing will join the company’s lineup of international marina destinations as the third facility in the Sunshine State, following One Island Park – ...

While a niche segment, the marina business is very much a part of a wide spectrum of industries, including hospitality. IGY Marinas has already played in this space, expanding our F&B restaurant brand, Fat Turtle and owning/operating Montauk Yacht Club Resort & Marina in the Hamptons/Montauk area. Taking this further, we’ve recently launched our hospitality division, as our team has ...

IGY Marinas announced the promotions of three company team members. Brian Deher has been promoted to regional director – marina operations and planning, Caribbean and Latin America; Gili Wojnowich has been named regional director – marina operations and planning, United States, Bahamas and South America; and Simon Bryan will serve as regional director – marina operations and planning, Europe. “It ...

IGY Marinas announced that its Blue Haven Marina – Turks and Caicos has once again received its accreditation as a 5-Gold Anchor facility.Recognized by The Yacht Harbour Association every three years, this distinction marks a milestone for IGY, as the Caribbean marina achieved the accolade in 2014.   “We could not be more excited to have maintained our 5-Gold Anchor ...

Boating is one of the more popular recreational activities in the world. In the United States alone, there are approximately 12 million registered boats to prove it, of which an estimated 560,000 are at least 26 feet long. When putting these numbers into perspective we begin to think of the incredible demand there is for marina operators to provide sufficient ...