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Tag Archives: Top 100

MarineMax promotes Larry Russo, Jr., Alex Russo

MarineMax has announced the promotion of Larry Russo, Jr. to regional president of the Northeast (Massachusetts, Connecticut, Rhode Island and New York), and Alex Russo to general manager of all MarineMax Russo stores.  “Since Russo Marine joined our family in May of 2016, Larry has grown and proven himself to be an important contributor to MarineMax,” said Brett McGill, chief operating ...

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Marine Connection opens fourth Florida location

Marine Connection announced plans to open a new sales and full service facility at 17 W. State Road 84 in Fort Lauderdale, Fla., this October, in time for the opening of the Fort Lauderdale International Boat Show. The dealership, ranked No. 16 in the 2016 Boating IndustryTop 100, will hang its shingle on a new 27,000-square-foot property including a 2500-square foot ...

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Hagadone Marine Group mega center grand opening garners industry, community kudos

A grand opening gala for Hagadone Marine Group’s new mega marine center in Coeur d'Alene, Idaho, attracted a high level of community and industry interest earlier this month. More than 1,000 people turned out for the celebration and received a personal welcome from owner Duane Hagadone. Chris Craft Boats Vice President Gavan Hunt, Volvo Penta North America OEM/Dealer Sales Manager ...

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Wells Fargo CDF increases credit capacity for OneWater Marine

Wells Fargo Commercial Distribution Finance, part of Wells Fargo & Company announced that it has expanded the financing facility for OneWater Marine Holdings, LLC to provide for borrowings of up to $200 million.  This facility, along with supporting OneWater’s organic growth, helped to facilitate the recently announced acquisition of South Shore Marine in Huron, Ohio. Borrowings under the facility are ...

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Legendary Marine to carry Riviera, Absolute brands

Legendary Marine announced it has partnered with Riviera Yachts as well as Absolute to introduce both luxury yacht and cruiser brands to the Emerald Coast market. “We believe that our family of customers will appreciate the world-class design, performance, and show-stopping appeal of both the Riviera and Absolute luxury cruiser and motor yacht brands. We’re excited to bring a whole ...

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OneWater Marine acquires South Shore Marine

Atlanta-based OneWater Marine Holdings has acquired South Shore Marine of Huron, Ohio. Tom Mack, former owner of South Shore Marine, will continue to manage the dealership under the South Shore Marine name. Terms of the acquisition were not disclosed. “As we’ve sought to expand our geographic footprint into the Great Lakes region, the addition of South Shore Marine makes strategic ...

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What makes a Top 100 dealer?

Next week (June 26) is our deadline for the 2017 Boating Industry Top 100, the only independent ranking of boat dealers in North America. For those of you thinking about applying, now is the time to get started! I field a lot of questions about the Top 100 at press events and through interviews, and one that has come up ...

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Top 100 dealers retain employees through retirement savings

When it comes to finding and keeping good employees, Top 100 dealers are the businesses that just get it. They are willing to make investments that keep their employees happy, show they value their teams and provide the means for those individuals to have a life outside their job. Providing a retirement savings plan is a key component to achieving ...

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Marine Sales Group: A new focus on growth, acquisitions

The last couple of years have seen an upswing in dealer consolidation. An improving market, an aging owner base and easier access to capital have made it an attractive time to buy a boat dealership or marina, especially for those who can realize some economies of scale. In the marina segment, we’ve seen Safe Harbor and Suntex scooping up marinas ...

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