OneWater Marine Inc. announced that it has acquired Harbor Pointe Marina, which further expands the Company’s presence on Alabama’s Lake Martin and enhances new and pre-owned boat sales, finance, and parts and services offerings. “Harbor Pointe Marina presents an exciting, low-risk opportunity to assume a dealership operation at virtually no cost. Furthermore, OneWater’s proven dealership integration and growth strategies enables ...
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OneWater reports revenue increase for Q3 2023
OneWater Marine Inc. announced results for its fiscal third quarter ended June 30, 2023. Revenue for fiscal third quarter 2023 was $594.3 million, an increase of 4.5% compared to $568.9 million in fiscal third quarter 2022, which the company said was attributable to strong pre-owned boat sales and service, parts and other sales from acquired businesses. During fiscal third quarter ...
Read More »OneWater completes Harbor View Marine acquisition
OneWater Marine Inc. announced today that it has completed the previously announced acquisition of Harbor View Marine. The transaction expands the Company’s presence in the Gulf Coast region and enhances new and pre-owned boat sales, finance, and parts and services offerings. “We are thrilled to welcome Harbor View Marine and their loyal, local following to the OneWater family. The acquisition ...
Read More »Star Brite names new leadership team
Star brite has appointed Gregor Dornau as its new president following its acquisition by OneWater Marine/T-H Marine Supplies in August of this year. Since the close, Dornau has assembled a new leadership team from within the company, naming Erik Applegate as Executive Vice President; Eric Hahn, Senior Vice President of Sales; Derick Cote, Vice President of Product; and Kouri Carey, ...
Read More »OneWater Marine, Sport Fishing Championship announce partnership
The Sport Fishing Championship (SFC) and OneWater Marine Inc. recently announced that they have signed a multi-year strategic partnership designed to fully integrate OneWater’s dealership network, online marketplace, products, and services into the SFC. OneWater will join the SFC as a “Corporate Champion” with both companies leveraging SFC’s enterprise-wide assets including on-site tournament activation, signage, media, social, digital, and VIP ...
Read More »OneWater to acquire Harbor View Marine
OneWater Marine Inc. announced that it has signed a definitive agreement to acquire Harbor View Marine, one of the Gulf Coast’s largest locally owned dealerships. The acquisition will further expand the Company’s footprint on the Gulf Coast and is expected to enhance new and pre-owned boat sales, finance, and parts and services offerings. The transaction is expected to close in ...
Read More »OneWater Marine partners with Forza X1
OneWater Marine Inc. and Forza X1, Inc. announced that the companies have entered into a strategic partnership in which OneWater and Forza X1 will partner creating a distribution channel for Forza’s integrated electric sports boats. “The Forza team is on the cutting edge of next-generation marine technology with their portfolio of innovative electric boat models. We are very proud to ...
Read More »OneWater appoints new board member
OneWater Marine Inc. announced the appointment of Steve Roy to the company’s board of directors as an additional independent director, effective as of August 12, 2022. This appointment will increase the size of the board from ten to eleven directors, nine of whom are independent. “We are thrilled to welcome Steve to the board of directors. His financial expertise across ...
Read More »OneWater Marine releases second quarter report
OneWater Marine Inc. (NASDAQ: ONEW) has announced results for its fiscal second quarter ended March 31, 2022. “We had another exceptional quarter, delivering 34% revenue growth, expanding gross margins by 530 basis points and driving EPS up 39% year-over-year. In the fiscal second quarter, we also completed the acquisitions of JIF Marine and YakGear, accelerating our parts and services revenue ...
Read More »OneWater Marine authorizes $50M share repurchase
OneWater Marine Inc. announced that its Board of Directors approved a share repurchase program to repurchase up to $50 million of the Company’s Class A common stock from time to time in the open market, in privately negotiated transactions, or by such other means as will comply with applicable state and federal securities laws. This is the Company’s first authorization ...
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