Tag Archives: MCBC Holdings

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 ...

MCBC Holdings, Inc. the parent entity of MasterCraft Boat Co. and NauticStar, LLC, today announced financial results for its fiscal 2018 fourth quarter and full year ending June 30, 2018. Net sales for the fourth quarter increased to $95.4 million, up 63.6 percent from $58.3 million in the prior-year period due to improvements in MasterCraft’s core business and the inclusion ...

MCBC Holdings, Inc. (NASDAQ:MCFT), the parent entity of MasterCraft Boat Company, LLC and Nautic Star, LLC announced financial results for its fiscal 2018 second quarter ended Dec. 31, 2017. “Top-line sales grew significantly in the second quarter, driven by double-digit gains on the MasterCraft side and the addition of NauticStar,” said MCBC Holdings, Inc. President and Chief Executive Officer, Terry McNew. “As we further integrate NauticStar, ...

MCBC Holdings, Inc., the parent entity of MasterCraft Boat Co., LLC and NauticStar, LLC announced a net sales rise in performance sports boats during the first quarter of fiscal 2018. The 2018 first-quarter results reflect MasterCraft only. Net sales for the first quarter increased to $65 million, up 7.2 percent from $60.7 million in the prior-year period. Net income totaled ...

MCBC Holdings, Inc. (NASDAQ:MCFT) announced that W. Patrick Battle has been appointed to the company’s board of directors as an independent director, effective May 8. Battle will also serve on the Nominating and Corporate Governance Committee. Since 2010, Battle has been the managing partner of Stillwater Family Holdings and was instrumental in launching Experience and Fermata Partners. Battle served as chairman of ...

MCBC Holdings, Inc. (NASDAQ:MCFT) announced that Tzau-Jin (TJ) Chung has been appointed to the company’s board of directors as an independent director, effective Dec. 21, 2016. Chung will also serve on the Compensation Committee. In May 2016, Mr. Chung retired as president of Teletrac Navman, a commercial fleet and asset management solutions and a Danaher Operating company. Chung was previously ...

MCBC Holdings, Inc. (Nasdaq:MCFT), owner of the MasterCraft brand, today announced the closing of its initial public offering of 6,071,429 shares of common stock at a price to the public of $15.00 per share. The shares began trading on The Nasdaq Global Market on July 17, 2015 under the symbol “MCFT.” The underwriters have also delivered notice that they intend ...