Investment firm NexPoint has announced the launch of NexPoint Marina DST, a Delaware statutory trust (‘DST’) offering, backed by two established, full‑service marina properties – Eufaula Cove Marina in Eufaula, Oklahoma, and Grafton Harbor in Grafton, Illinois. NexPoint is a…
Saxdor Yachts has been acquired by Malibu Boats, Inc. (MBI), a specialist in recreational powerboats, in a transaction valued at approximately €150 million (USD $175 million). Saxdor Yachts manufactures boats in five model size categories: 20 ft, 27 ft, 32…
South Pacific Diesel Systems has been acquired by Scania New Zealand, strengthening Scania’s presence and customer support capability across the New Zealand market. Founded in 1984, South Pacific Diesel Systems began when diesel engineers Ross Williamson and Hugh Mackenzie were…
d’Albora Marinas, the marina and hospitality network, has acquired GoBoat Australia, the electric picnic-boat experience company, kickstarting new growth for the leisure marine business. GoBoat Australia offers electric boat hire in easy-to-drive vessels that don’t require a licence. GoBoat started…
BlueWater Marinas, alongside Bain Capital, has acquired Bayside Marine, a full-service marina located in Duxbury, Massachusetts – the fifth marina acquired by Bain Capital and BlueWater as part of their joint venture. Bayside Marine is family-owned and operated by the…
MasterCraft Boat Holdings, Inc., designer and manufacturer of performance and leisure powerboats has acquired Marine Products Corporation in a cash and stock transaction valued at approximately $232.2 million, net of acquired cash. Marine Products Corporation is a manufacturer of recreation…
Groupe Beneteau has acquired French sailing specialist Sailing Atlantic Services, simultaneously confirming an investment in Les Sables d’Olonne for the development of a service centre in the Port Olona 3 area. Sailing Atlantic Services, founded in 2000, specialises in the…
Sports investor and American Magic Co-Founder Doug DeVos has acquired the ROCKWOOL Racing SailGP Team in a US $60 million transaction, marking a major new chapter for the Danish team in the global sail racing championship. SailGP is an annual,…
Yacht manufacturer Sasga Yachts has acquired Nautic Center Mallorca, launching new brand Sasga Palma, to support each boat throughout its entire lifecycle from purchase to maintenance, refit and aftersales. Nautic Center Mallorca îs a specialist yacht dealer based in Palma,…
Gallagher Bassett, a subsidiary of Arthur J. Gallagher & Co., has acquired Reck & Co. GmbH, the German claims service provider for transportation and marine. Reck & Co. is an independent specialist in claims services worldwide, led by Franz Kasten…
