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Marinemax Acquires Marine Development Company

PUBLIC · HZODec 05, 2022

Acquiring Company

MarineMax

Acquired Company

Marine Development

ClearwaterLeisureTravelRetail

Description

MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced the acquisition of Midcoast Construction Enterprises, LLC (“Midcoast Marine Group”), a leading full-service marine construction company based on Central Florida’s Gulf Coast.

Quick answer

MarineMax is acquiring Marine Development, announced December 5, 2022. MarineMax is based in Clearwater, Florida, United States.

How much did MarineMax pay for Marine Development?
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 Marine Development based?
MarineMax is based in Clearwater, 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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Related People

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Patrick
Senior decision-maker at this company
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Daniel
Senior decision-maker at this company
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Frequently asked

Who acquired Marine Development?

Marine Development was acquired by MarineMax, based in Clearwater. The deal was reported on December 5, 2022. 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 Marine Development?

MarineMax's acquisition of Marine Development was reported on December 5, 2022. MarineMax, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Marine Development do?

We're the leaders among marina construction companies that designs, manufactures, installs & repairs floating docks, marinas, pump stations ! It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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