Tag Archives: marinas

MarineMax to acquire IGY Marinas

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 ...

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Suntex Marinas acquires Key Harbor Marina

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Suntex Marina Investors announced the acquisition of Key Harbor Marina in Waretown, New Jersey. Key Harbor is a full-service marina on the “Jersey Shore” that can accommodate boats up to 65-feet and offers 260 in-water slips as well as dry storage options. Key Harbor offers amenities such as three climate-controlled bath houses, Wi-Fi, a bayfront pool, onsite restaurant, service department, ...

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Suntex completes integration with Westrec

Suntex Marina Investors, LLC (Suntex) announced it has completed its integration with Westrec Marina’s following the recent announcement of the two companies’ merger. Suntex has transitioned its leadership team, general managers and all employees to its payroll system and has begun the undertaking of a complete rebranding of the acquired properties, including updating logos, signage and websites. In addition, capital ...

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AMI salutes women in leadership

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The Association of Marina Industries recently offered a salute to its women leaders during Women’s History Month. Seven of AMI’s 19 directors are women, including Marieke van Peer, who this year became the first woman to take a seat on the organization’s executive team. In addition, AMI has four women in key roles on its staff. This is a noteworthy ...

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Keystone Harbor Marina sold to Dallas-based buyer

A Dallas-based family with a long history in the marina industry has purchased Keystone Harbor in Mannford, Oklahoma, for an undisclosed price. The marina is located 23 miles west of Tulsa on Keystone Lake at 1989 CrossTimbers Harbor Lane. Keystone Harbor is one of the newest marinas in Oklahoma with 244 wet slips and approvals to expand to over 400 ...

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AMI announces new alliance with AAHPA

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The Association of Marina Industries (AMI) recently announced Alaska Association of Harbormasters & Port Administrators (AAHPA) as its newest membership alliance. Now all AAHPA marina members are also AMI members as a part of their AAHPA membership. This means AAHPA members will now have access to all AMI services, products and benefits in addition to those they already receive from ...

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AMI names new CMM, CMO and board members

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The Association of Marina Industries (AMI) Training Institute held its awards ceremony for new Certified Marina Managers (CMMs) and Certified Marina Operators (CMOs) Wednesday, February 2, at the annual AMI Conference & Expo held in Daytona Beach, Florida. This year the institute welcomed sixteen new CMMs and three new CMOs to this elite group of marina management professionals. There are ...

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Suntex acquires Garrison Bight Marina

Suntex Marina Investors, LLC (Suntex) announced the acquisition of Garrison Bight Marina located on Key West in the Florida Keys.  The only full-service marina on the island of Key West with dry storage, Garrison Bight offers direct access to the Atlantic Ocean and Gulf of Mexico. The property is on the north side of the island with close proximity to ...

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Suntex joins forces with Westrec

At the 2022 Association of Marina Industries Conference & Expo in Daytona, Suntex Marina Investors, LLC (Suntex) announced its transaction to join forces with established marina management company, Westrec Marinas.One of the world’s largest owner-operators of marinas and marine-related businesses, Westrec Marinas provides professional management services to its properties, affiliates and clients. Founded in 1987, Westrec owns and manages marina ...

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MMG acquires Coles Point Marina

Monument Marine Group (MMG), a Baltimore-based investment firm focused on opportunities within the marine industry, acquired Coles Point Marina, to further expand their marine management footprint. MMG said it will invest significantly into the asset, enhancing the existing amenities while adding new experiential offerings and lodging options. MMG has chosen Oasis Marinas to manage the operations at Coles Point Marina ...

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