Tag Archives: OneWater Marine

OneWater Marine announces public stock offering

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OneWater Marine Inc. announced it has launched an underwritten public offering of 3,170,868 shares of its Class A common stock. OneWater intends to use the net proceeds of this offering for working capital and general corporate purposes, including the expansion of its business and general and administrative matters. OneWater will not receive any of the proceeds from the sale of ...

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OneWater Marine Inc. reports 49% revenue increase for Q3

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OneWater Marine Inc. announced results for its fiscal third quarter ended June 30, 2020. Revenue for the fiscal third quarter 2020 was $408.3 million, an increase of 48.6% compared to $274.8 million in fiscal third quarter 2019, which the company said was primarily driven by an increase in unit sales of new and pre-owned boats and to a lesser degree, ...

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OneWater Marine Inc. announces new board members

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OneWater Marine Inc. announced that Anthony Aisquith and Bari Harlam have been appointed to the company’s Board of Directors. “We are thrilled to welcome Anthony and Bari to the Board of Directors. Their combined knowledge will be instrumental as we navigate today’s challenging environment and execute our long-term growth strategy. Anthony’s deep marine industry expertise and proven leadership will further ...

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OneWater Marine reports Q1 2020 results

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OneWater Marine Inc. (NASDAQ: ONEW) announced results for its fiscal first quarter ended Dec. 31, 2019. “Following a successful initial public offering earlier this month, we are thrilled to report a strong start to our fiscal year 2020. Since its inception in 1987, OneWater has executed a strategy that blends organic growth and strategic acquisitions. We believe that this strategy, ...

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OneWater launches IPO

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OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater”) announced the pricing of an initial public offering of its Class A common stock. “Today is a significant milestone for OneWater as we embark on the next chapter of our business as a publicly traded company. Since our inception in October 2014, OneWater has experienced tremendous growth, and we couldn’t have achieved that without ...

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OneWater Marine announces management changes

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Atlanta-based OneWater Marine launched their 2020 fiscal year with management team changes. Vice president of retail operations, David K. Witty, has been promoted to executive vice president of retail operations; in recognition of his consistent operational leadership while managing rapid growth across all 64 OneWater Marine locations. “Dave’s leadership of our technical infrastructure and software application development has been instrumental ...

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OneWater Marine acquires Ocean Blue Yacht Sales

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Atlanta-based OneWater Marine Holdings has acquired Ocean Blue Yacht Sales of Stuart, Fla. Ocean Blue also operates two additional sales, service, and brokerage locations in West Palm Beach, and Fort Lauderdale. Details of the acquisition were not disclosed. “We’re excited to welcome Ocean Blue to the OneWater family of dealerships,” said Austin Singleton, CEO of OneWater Marine. “Bryan has built ...

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Marine industry members team up for Hurricane Michael relief

In the wake of the category 4 Hurricane Michael, the marine industry is banding together to support those affected by the deadly storm. Cities along the Florida Panhandle were among those hit the hardest as the storm made landfall in early October. From heavy rain and high winds to the following storm surges, Michael caused mass destruction to the area. ...

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Ohio marina joins OneWater Marine dealership collection

Spend-A-Day Marina of Russells Point, Ohio, has joined Atlanta-based OneWater Marine's growing collection of dealerships. Terms of the acquisition were not disclosed. Spend-A-Day was founded in 1950 and had 2017 total revenues approaching $20 million. Jim and Roseann Reed and their team will continue to lead the day-to-day operations under the Spend-A-Day Marina name.  “We are excited to welcome Spend-a-Day ...

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The 2017 Top 100 Dealers

Now in its 13th year, the Boating Industry Top 100 program finds the dealers on the list to be more successful than they have ever been. The Top 100 and Hall of Fame dealers topped $3 billion in revenue for the first time in the history of the program, achieving revenue of more than $3.1 billion in 2016. Total revenue ...

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