Add-on Acquisition • Marine

MarineMax Acquires Texas MasterCraft

On November 1, 2021, MarineMax acquired marine company Texas MasterCraft

Acquisition Context
  • This is MarineMax’s 6th transaction in the Marine sector.
  • This is MarineMax’s 12th transaction in the United States.
  • This is MarineMax’s 1st transaction in Texas.

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M&A Deal Summary

Date November 1, 2021
Target Texas MasterCraft
Sector Marine
Buyer(s) MarineMax
Deal Type Add-on Acquisition

Target Company

Texas MasterCraft

Ft. Worth, Texas, United States
Texas MasterCraft is a towboat dealer that operates primarily from two locations that provide trade or sell any used boat, need any boating accessories, or require boat service. Texas MasterCraft was founded in 2001 and is based in Ft. Worth, Texas.
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Buyer Overview 1

Buyer

MarineMax

Clearwater, Florida, United States

Category Company
Founded 1998
Sector Marine
Employees4,050
Revenue 2.4B USD (2024)
DESCRIPTION
MarineMax's corporate headquarters in Clearwater, Florida.
MarineMax's corporate headquarters in Clearwater, Florida.

MarineMax is a recreational boat and yacht retailer. MarineMax sells new and used recreational boats and related marine products and services as well as provides yacht brokerage and charter services. MarineMax was founded in 1998 and is based in Clearwater, Florida.


Deal Context for Buyer #
Overall 12 of 17
Sector: Marine 6 of 10
Type: Add-on Acquisition 12 of 17
State: Texas 1 of 1
Country: United States 12 of 17
Year: 2021 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-05 Intrepid Powerboats

Largo, Florida, United States

Intrepid Powerboats is a producer of customized boats, reflecting the unique desires of each individual owner. Intrepid Powerboats combined with advanced composite construction, each boat is not only unique to its owner. Intrepid Powerboats is based in Largo, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-09 IGY Marinas

New York, New York, United States

IGY Marinas owns and operates a collection of iconic marina assets and a yacht management platform in key global yachting destinations. IGY Marinas was founded in 2005 and is based in New York.

Buy $480M