M&A Deal Summary

MarineMax Acquires Intrepid Powerboats

On October 5, 2021, MarineMax acquired marine company Intrepid Powerboats

Acquisition Highlights
  • This is MarineMax’s 5th transaction in the Marine sector.
  • This is MarineMax’s 11th transaction in the United States.
  • This is MarineMax’s 5th transaction in Florida.

M&A Deal Summary
Date 2021-10-05
Target Intrepid Powerboats
Sector Marine
Buyer(s) MarineMax
Deal Type Add-on Acquisition

Target

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.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 11 of 16
Sector (Marine) 5 of 9
Type (Add-on Acquisition) 11 of 16
State (Florida) 5 of 8
Country (United States) 11 of 16
Year (2021) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-03 Cruisers Yachts

Oconto, Wisconsin, United States

Cruisers Yachts is a manufacturer of premium yachts, producing models from 33’ to 60’ feet. Models include 338 Bow Rider, 338 Outboard, 39 Express Coupe, 42 Cantius, 46 Cantius, 50 Cantius, 54 Cantius, 54 Fly, 60 Cantius, and 60 Fly. Cruisers Yachts was founded in 1953 and is based in Oconto, Wisconsin.

Buy $63M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-01 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.

Buy -
Mergr

Product

Company

Legal