SVN Marinas advised sale of Moby Dick Marina to VMG Capital group. SVN Marinas is pleased to announce it advised the owners of the Moby Dick Marina on the sale of their business in Fairhaven, MA to a private investment group led by America’s Cup winning sailor, Rome Kirby, and Tristram Worth of VMG Capital. ...Read More
SVN advised Emerald Coast sale to Safe Harbor Marinas. SVN Marinas is pleased to announce it has advised the owners of Emerald Coast Marine Group on the sale of the marina, located in Niceville, FL to Safe Harbor Marinas, a wholly owned subsidiary of publicly listed Sun Communities, Inc. (NYSE: SUI). Advising the deal for the seller were David...Read More
Find Out About the Strategic Acquisition of Lippincott Marina Chesapeake Whalertowne, a dealership with locations in Grasonville and Annapolis, Md., announced in a statement its acquisition of Lippincott Marine. The full-service marina is located at Kent Narrows in Grasonville and has 200 slips that can accommodate boats to 70 feet. A Boston Whaler and Mercury...Read More
Southern Marinas buys Grand Harbor on Pickwick Lake, Tennessee. The property is on the Tennessee-Mississippi border, less than a mile from the Alabama state line. Located at the junction of the Tennessee River and the Tombigbee Waterway, the marina attracts boaters cruising the Great Loop. “Grand Harbor is a unique asset that attracts boaters and...Read More
Breaking News: OneWater Marine Inc. announced today that it has entered into a definitive agreement to acquire T-H Marine, a provider of branded marine parts and accessories, for approximately $185 million. The transaction is expected to close in the calendar fourth quarter of 2021. “With its comprehensive product portfolio, reputation for innovation, omni-channel sales strategy,...Read More
OneWater completes PartsVu buy, impacting marine industry. OneWater Marine Inc. announced that it has completed the previously announced acquisition of PartsVu (“PartsVu”), an online marketplace for OEM marine parts, electronics and accessories. PartsVu enhances the Company’s presence in the marine parts and accessories sector while helping reduce exposure to the cyclicality of boat sales. “We...Read More
Cape Cod, MA – May 14, 2021 – SVN | Marinas, a specialized commercial real estate and business advisory firm in Mashpee, MA is pleased to announce it has arranged for the Atlantic White Shark Conservancy (“AWSC”) to develop a white shark exhibit on the ground floor of 16 MacMillan Wharf. The property, which is known...Read More
MarineMax acquires Cruisers Yachts: strategic impact. “Our motto is: We don’t just sell boats, we sell boating,” MarineMax CEO and President Brett McGill tells me when we discuss his company’s acquisition of the esteemed Cruisers Yachts boat builder (with its own heritage dating back to 1904). “And our history has been one of constant innovation,...Read More
Brunswick to acquire Navico for $1.05B. As a result of this acquisition, Brunswick will add the industry leading brands of Lowrance, Simrad, B&G, and C-MAP to its Advanced Systems Group (ASG), which includes the leading Parts & Accessories (P&A) brands in power management, digital control and monitoring, and networked devices. “The acquisition of Navico and its...Read More
Warbird acquires Yellowfin Yachts; terms undisclosed. Yellowfin will be a separately managed sister company to Invincible Boat Co., which Warbird acquired in 2019. “We are delighted to add Yellowfin to our Warbird platform. Yellowfin is at the pinnacle of their segment both in product lineup and brand prestige,” Warbird CEO Dorton said in a statement. Warbird...Read More
