M&A Deal Summary

MarineMax Acquires Island Marine Center

On January 23, 2018, MarineMax acquired marine company Island Marine Center

Acquisition Highlights
  • This is MarineMax’s 3rd transaction in the Marine sector.
  • This is MarineMax’s 6th transaction in the United States.
  • This is MarineMax’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2018-01-23
Target Island Marine Center
Sector Marine
Buyer(s) MarineMax
Deal Type Add-on Acquisition

Target

Island Marine Center

Ocean View, New Jersey, United States
Island Marine Center is a boat retailer. Island Marine Center is based in Ocean View, New Jersey.

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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 6 of 16
Sector (Marine) 3 of 9
Type (Add-on Acquisition) 6 of 16
State (New Jersey) 1 of 1
Country (United States) 6 of 16
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-12 Hall Marine Group

Lake Wylie, South Carolina, United States

Hall Marine Group is a boat manufacturers like Sea Ray, Boston Whaler, Bennington, Scout, and Harris FloteBote.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-17 Boatyard

Fort Lauderdale, Florida, United States

Boatyard, Inc. is a provider of an on-demand digital platform. Boatyard is based in Fort Lauderdale, Florida.

Buy -