Southern Marinas has announced a recapitalization led by Stonepeak, effectuated as a sale by affiliates of KSL Capital Partners to Stonepeak. The transaction has closed, and additional terms were not disclosed. Founded in 2018, Southern Marinas owns and operates a portfolio of 16 marinas across eight U.S. states, including Florida, Idaho, Missouri, New Jersey, New...Read More
Vision Marine’s New Flagship Marina Expansion Vision Marine Technologies Inc. (NASDAQ: VMAR) has taken a major step in its growth strategy by securing a strategic flagship marina in Fort Lauderdale through its Nautical Ventures division. The move is expected to significantly boost the company’s operational footprint, recurring storage revenue, and service capabilities in the heart...Read More