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Marinemax Completes Acquisition Of Boatzon, An Innovative Customer Experience Driven Retail Technology Platform For The Marine Industry

PUBLIC · HZOJan 05, 2023

Acquiring Company

MarineMax

Acquired Company

Boatzon

ClearwaterHallandale BeachLeisureTravelRetailCommerce And Shopping

Description

MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, has completed the acquisition of Boatzon, the first 100 percent online boat and marine digital retail platform, through its recently formed technology entity, New Wave Innovations. Just as technology has changed the car-buying experience, the integrated Boatzon platform is giving consumers the ease and convenience of browsing for financing, purchasing, and insuring a boat, entirely online.

Quick answer

MarineMax is acquiring Boatzon, announced January 5, 2023. MarineMax is based in Clearwater, Florida, United States.

How much did MarineMax pay for Boatzon?
The deal value was not disclosed.
What does MarineMax do?
MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services.
Where are MarineMax and Boatzon based?
MarineMax is based in Clearwater, Florida, United States. Boatzon is based in Hallandale Beach, Florida, United States.
Who are the decision-makers at MarineMax?
Fundz holds 3 contacts at MarineMax. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Leisure and Travel

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

MarineMax

Location

2600 Mccormick Drive

Clearwater, Florida, United States

About

MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax has over 100 locations worldwide, including 79 retail dealership locations, which includes 34 marinas or storage operations. Through Fraser Yachts and Northrop and Johnson, the Company also is the largest superyacht services provider, operating locations across the globe. Cruisers Yachts, a MarineMax company, manufactures boats and yachts with sales through our select retail dealership locations and through independent dealers. Intrepid Powerboats, a MarineMax company, manufactures powerboats and sells through a direct-to-consumer model. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. MarineMax is a New York Stock Exchange-listed company (NYSE: HZO). For more information, please visit www.marinemax.com.

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Frequently asked

Who acquired Boatzon?

Boatzon was acquired by MarineMax, based in Clearwater. The deal was reported on January 5, 2023. MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax is publicly traded (HZO) and operates in Leisure.

When did MarineMax acquire Boatzon?

MarineMax's acquisition of Boatzon was reported on January 5, 2023. MarineMax, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Boatzon do?

Boatzon is the first 100 percent online boat and marine retailer utilizing FinTech and InsurTech solutions. The company’s digital marketplace gives boat and marine enthusiasts easy and direct access to vessels, engines, trailers, marine products and more. It is privately held, operating in Commerce And Shopping, and is based in Hallandale Beach.

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