Tag Archives: Tom Mukamal

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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Walking the charitable walk

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 ...

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Businesses need to come full circle with community support

Every business has a desire to make a difference in its community. In times of crisis it is more important than ever to rally together to provide support where it is needed. When local businesses and communities band together to support a common community goal, the recovery from natural disasters and other unexpected emergency situations is much faster, however, when ...

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Support the Caribbean Communities/Eastern Caribbean Fund

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 ...

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Enhancing your business through local community investments

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 ...

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Incorporating hospitality offerings effectively

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 ...

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How marinas can benefit from BIG program funding

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 ...

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Embracing technology trends to advance your business

No matter where we are in the world, our lives are connected through technology. Smartphones have evolved into the ultimate travel companion, housing all of your valuable information right at your fingertips. With this in mind, it is important for the marina industry to respond to this booming travel trend and capitalize on it to service our guests. At IGY ...

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