M&A Deal Summary

MarineMax Acquires Texas MasterCraft

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2021-11-01
Target Texas MasterCraft
Sector Marine
Buyer(s) MarineMax
Deal Type Add-on Acquisition

Target

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(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 12 of 16
Sector (Marine) 6 of 9
Type (Add-on Acquisition) 12 of 16
State (Texas) 1 of 1
Country (United States) 12 of 16
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
Mergr

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