Add-on Acquisition • Leisure

Safe Harbor Marinas Acquires Peninsula Yacht Club

On July 14, 2020, Safe Harbor Marinas acquired leisure company Peninsula Yacht Club

Acquisition Context
  • This is Safe Harbor Marinas’ 1st transaction in the Leisure sector.
  • This is Safe Harbor Marinas’ 3rd transaction in the United States.
  • This is Safe Harbor Marinas’ 1st transaction in North Carolina.

Explore All 567 Add-on Acquisition Leisure Deals - Search the Database Free


M&A Deal Summary

Date July 14, 2020
Target Peninsula Yacht Club
Sector Leisure
Buyer(s) Safe Harbor Marinas
Deal Type Add-on Acquisition

Target Company

Peninsula Yacht Club

Cornelius, North Carolina, United States
Peninsula Yacht Club is a provider of lakefront dining, entertainment, and recreation. Peninsula Yacht Club was founded in 1974 and is based in Cornelius, North Carolina.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Safe Harbor Marinas

Dallas, Texas, United States

Category Company
Founded 2015
Sector Marine
DESCRIPTION

Safe Harbor Marinas owns and operates 101 marinas, manages five marinas on behalf of third parties, and has an approximate 40,000-member network of boat owners across 22 states. Safe Harbor Marinas was founded in 2015 and is based in Dallas, Texas.


Deal Context for Buyer #
Overall 3 of 8
Sector: Leisure 1 of 1
Type: Add-on Acquisition 3 of 8
State: North Carolina 1 of 1
Country: United States 3 of 7
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-09 New England Boatworks

Portsmouth, Rhode Island, United States

New England Boatworks offers over 360 deep-water slips and is known for expertise in the construction of custom, state-of-the-art sail, and power yachts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-04 Lauderdale Marine Center

Ft. Lauderdale, Florida, United States

Lauderdale Marine Center is a premier US destination and service provider for the superyacht industry. Located in Fort Lauderdale on the New River, visible from I-95 and close to Fort Lauderdale/Hollywood International Airport, LMC is a 50-acre facility consisting of a boatyard, marina, and marine service center. It accommodates boats up to 200 feet with 19 covered sheds and 156 wet slips, has three marine travel lifts with a haul-out capacity of up to 330 tons, and features 7,000 linear feet of dockage. LMC’s business model includes leasing workspace and commercial office space to approximately 60 on-site contractors providing various marine-related services such as fiberglass repair, electrical, painting, brokerage, and insurance.

Buy $340M