OneWater Marine Holdings acquires Rambo Marine

ATLANTA – OneWater Marine Holdings, LLC, announced today that they have made a new partnership with Rambo Marine, a Boating Industry Top 100 dealer with locations in Huntsville and Birmingham, Ala.

The dealership will continue to operate using its current name, location and personnel and offer Cobalt and Marker One pontoons at both locations, while also introducing those brands to the Singleton Marine location on Smith Lake, which opened in April of this year.

“We’re thrilled to join an aggressive and growing organization like OneWater Marine,” said Scooter Rambo, founder and former owner of Rambo Marine. “This opportunity allows us to leverage the business our family has spent the last 28 years building as a springboard for us to introduce some exciting new opportunities to our loyal employees and amazing customers. Our customers will greatly benefit from us being a part of a larger organization that has broader reach and more centralized back-office resources; all while still operating and maintaining the family and local feel that our employees will continue to deliver. I’m really excited that our customers get to experience this with us.”

Rambo will continue to operate the dealership as a division of OneWater Marine Holdings, and his son Bennett Rambo will manage the Birmingham and Hazel Green locations as well as the Smith Lake Singleton location.

“Scooter opened Rambo Marine in Hazel Green the same year my family opened Singleton Marine just south of them on Lake Martin. For 28 years, our families have operated dealerships in adjacent territories and I’ve always looked up to and admired Scooter and the business he’s built over the last three decades,” said Austin Singleton, CEO of OneWater Marine Holdings. “Rambo Marine is a perfect complement to our existing portfolio of dealerships and represents a natural geographic expansion for us into the Northern parts of Alabama and southern Tennessee.”

Rambo Marine is among a number of acquisitions made by OneWater Marine Holdings, which was formed with the merger of Singleton Marine and Legendary Marine, since its inception last year. OneWater Marine Holdings acquired Captain’s Choice Marine in June and American Boat Brokers in April.

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The OneWater portfolio now includes seven dealership brands with 24 locations in five states:

  • Singleton Marine, the No. 3 dealer on the 2014 Boating Industry Top 100 list, with locations Georgia, Alabama and South Carolina;
  • Legendary Marine, the 2012 and 2013 Top 100 Dealer of the Year and a member of the Top 100 Hall of Fame, with locations in Florida and Alabama;
  • Rambo Marine, a Boating Industry Top 100 dealer for the past 10 years;
  • Phil Dill Boats, a former Top 100 dealer in Lewisville, Texas;
  • SMG Wake Houston, Conroe, Texas;
  • American Boat Brokers, Buford, Ga.; and
  • Captain’s Choice Marine, Leesville, S.C.

 

 

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