Safe Harbor Marinas acquired in Blackstone billion-dollar buyout

Image Credit: Safe Harbor Marinas

In a deal of seismic proportions, the global investment firm has bought the largest marina and superyacht services business in the US from Sun Communities… Blackstone Infrastructure funds have agreed to acquire Safe Harbor Marinas from Sun Communities for $5.65 billion in a deal that could have sizeable implications for the rest of the yachting industry. “Marinas…

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Safe | Marinas joins with The Estate Planning Team to provide solution to defer capital gains taxes on sales of Marinas & Marine Businesses

Many of the Marina & Marine business owners we work with do not employ optimal tax planning prior to selling their real estate and business assets. For that reason, we have joined with The Estate Planning Team to introduce a pre-packaged solution, called a Deferred Sales Trust™, to defer capital gains taxes when selling real…

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David Kendall Awarded CCIM Designation October 14th in Chicago, IL

Kendall was among 157 individuals who earned commercial real estate’s global standard for professional achievement. Chicago (October 14th, 2022) – David Kendall, Managing Director of SVN | Marinas and founding member of SVN Marinas, recently received the Certified Commercial Investment Member (CCIM) designation from CCIM Institute. The designation was awarded during this year’s fall CCIM Comprehensive…

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OneWater Marine Reaches Agreement to Acquire Taylor Marine Centers

BUFORD, Ga., Aug. 24, 2022 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) (“OneWater” or “the Company”) announced today that it has reached an agreement to acquire Taylor Marine Centers, which will further expand the Company’s presence in the Mid-Atlantic U.S. and enhance new and pre-owned boat sales, finance, and parts and services offerings. The…

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MarineMax To Acquire IGY Marinas Significantly Expanding Global Marina and Services Business

CLEARWATER, Fla.–(BUSINESS WIRE)–MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced that it has entered into a definitive agreement to acquire Island Global Yachting LLC (“IGY Marinas”), which owns and operates a collection of iconic marina assets and a yacht management platform in key global yachting destinations. MarineMax will acquire…

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BREAKING: OneWater to Acquire Denison Yachting

OneWater Marine today announced it reached an agreement to acquire Denison Yachting. “We are thrilled to welcome Bob Denison and his team into the OneWater family, which expands and strengthens our presence in the superyacht and yacht categories,” OneWater CEO Austin Singleton said in a statement. “As we move through the second fiscal quarter, we continue…

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Power Lodge Acquires Miller Marine

Marine and powersports dealer Power Lodge acquired Miller Marine in St. Cloud, Minn. Power Lodge owner Tom Dehn announced the sale in a statement. Miller Marine is the world’s largest seller of high-performance Bennington pontoons and is one of the largest single-point boat dealerships, the statement said. It was once named the No. 1 Yamaha outboard dealer…

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