M&A Deal Summary

MarineMax Acquires Bassett Marine

On September 10, 2012, MarineMax acquired retailer Bassett Marine

Acquisition Highlights
  • This is MarineMax’s 1st transaction in the Retail sector.
  • This is MarineMax’s 1st transaction in the United States.
  • This is MarineMax’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2012-09-10
Target Bassett Marine
Sector Retail
Buyer(s) MarineMax
Deal Type Add-on Acquisition

Target

Bassett Marine

Westbrook, Connecticut, United States
Bassett Marine LLC is a retailer sales and operation of boats.

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Buyer(S) 1

Buyer

MarineMax

Clearwater, Florida, United States
Category Company
Founded 1998
Sector Marine
Employees3,928
Revenue 2.4B USD (2023)
DESCRIPTION
MarineMax's corporate headquarters in Clearwater, Florida.
MarineMax's corporate headquarters in Clearwater, Florida.

MarineMax is a recreational boat and yacht retailer. Focused on premium brands, such as Sea Ray, Boston Whaler, Meridian, Cabo, Hatteras, Azimut Yachts, Grady-White, Harris FloteBote, Crest, Scout, Sailfish, Scarab Jet Boats, Aquila, Ocean Alexander, Nautique and Malibu, 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 STATS #
Overall 1 of 16
Sector (Retail) 1 of 4
Type (Add-on Acquisition) 1 of 16
State (Connecticut) 1 of 1
Country (United States) 1 of 16
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-06 Parker Boat Company

Orlando, Florida, United States

Parker Boat Company has served the boating community for over 85 years, with its retail sales and operations in Orlando and Daytona, Florida, and range of great brands including Sea Ray, Boston Whaler, Grady-White and Sea Hunt.

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