The proposed MarineMax acquisition by Safe Harbor Marinas offers a revealing look at competition for marina assets—and the role those properties can play in a broader marine business transaction. According to Tampa Bay Business Journal, MarineMax received nearly 40 proposals during an eight-month sale process. Those proposals included successive bids from interested parties, rather than...Read More
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...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