Safe Harbor Marinas has entered into a definitive agreement to acquire MarineMax, Inc. (NYSE: HZO) in an all-cash transaction valued at approximately $1.5 billion.
The proposed acquisition represents a major milestone for the recreational boating and marina industry—and one that is particularly meaningful to our team because of our longstanding working relationships with both Safe Harbor and MarineMax.
Safe Harbor–MarineMax Transaction Details
Under the agreement announced on August 10, 2026, Safe Harbor will acquire all outstanding MarineMax common shares for $53 per share in cash.
The purchase price represents a 96% premium over MarineMax’s closing share price on January 30, 2026, the final trading day before an unsolicited acquisition proposal became public. It also represents a 110% premium to the company’s 90-day volume-weighted average share price through that date.
MarineMax’s board of directors unanimously approved the transaction following a competitive strategic review and has recommended that shareholders vote in favor of the agreement.
The acquisition is expected to close by the end of calendar year 2026, subject to MarineMax shareholder approval, regulatory clearances and other customary closing conditions. If completed, MarineMax will become a privately held company, and its shares will no longer trade on the New York Stock Exchange.
SVN | Marinas Longstanding Relationships With Safe Harbor and MarineMax
SVN | Marinas has had the privilege of working with both Safe Harbor and MarineMax on several notable marina transactions over the years.
Our experience includes facilitating MarineMax’s lease at U-Tiki Beach and Jupiter Inlet Marina in Jupiter, Florida; advising on the sale of Emerald Coast Marine Center in Niceville, Florida, to Safe Harbor Marinas; and helping facilitate the acquisition of Gunpowder Cove Marina from MarineMax.
These assignments have included marina sales, acquisitions and lease advisory—giving our team direct experience with both organizations and a firsthand appreciation for their influence within the recreational boating industry.
The announced acquisition brings two highly respected marine businesses together on a much larger platform. We congratulate the teams at Safe Harbor and MarineMax on reaching this important milestone.
A Transformational Combination for the Marina Industry
Safe Harbor, a Blackstone Infrastructure portfolio company, specializes in marina operations and superyacht services. MarineMax operates more than 120 locations worldwide, including over 70 dealerships and 65 marina and storage facilities.
MarineMax’s integrated portfolio also includes IGY Marinas, Fraser Yachts, Northrop & Johnson, Cruisers Yachts and Intrepid Powerboats.
The proposed combination would unite marina operations, boat and yacht retail, manufacturing, brokerage, storage, maintenance and superyacht services. It would create a broader marine platform capable of serving customers throughout nearly every stage of the boating experience.
The transaction also reflects continued institutional interest in marina properties and marine operating businesses. High-quality marina assets remain attractive because of their limited supply, waterfront locations and importance to the broader recreational boating economy.
For marina owners, operators and investors, the acquisition demonstrates the value of scale, operational expertise and specialized knowledge within this evolving market.
Our team is proud of its longstanding relationships with Safe Harbor and MarineMax and of the role we have played in transactions involving both companies. We look forward to following this next chapter in their growth.
Sources: Official MarineMax and Safe Harbor announcement and MarineMax SEC Form 8-K.