MB92 Group Acquires GYG Ltd (Pinmar, Pinmar Yacht Supply, Technocraft)

MarineMax Acquires IGY Marinas

August 9, 2022

Real Estate

MarineMax, Inc. agreed to acquire Island Global Yachting LLC (IGY Marinas) for $480 million in cash plus a potential earnout of up to $100 million, expanding MarineMax's global marina and superyacht services footprint. The transaction, expected to close in the first half of fiscal 2023 (closed effective October 1, 2022 per follow-up release), adds 23 luxury marinas, a yacht management platform and the IGY Trident membership program while IGY's management will remain in place.

CMP Group Acquires MarineTech Products

March 9, 2020

Manufacturing

CMP Group Ltd, an Ironbridge portfolio company headquartered in Delta, British Columbia, has acquired MarineTech Products, Inc., a marine-products manufacturer based in Vadnais Heights, Minnesota. The deal expands CMP's U.S. presence and broadens its recreational marine product portfolio; founder and owner Larry Grundtner will remain with the combined business to support the transition.

IGY Marinas and Transport S.A.S. Acquire Marina di Portisco (IGY Portisco Marina)

October 25, 2021

Real Estate

Island Global Yachting (IGY Marinas) and Sardinian conglomerate Transport S.A.S. acquired long-term concession rights to Marina di Portisco in Sardinia and rebranded the facility IGY Portisco Marina. The marina offers 589 berths (including 41 superyacht berths, capacity to 90m) and the deal expands IGY's global superyacht network, enhancing its Mediterranean berthing and service capabilities.

MarineMax (via Northrop & Johnson) Acquires SYM Superyacht Management

April 5, 2022

Transportation

MarineMax, through its superyacht division Northrop & Johnson, has acquired Superyacht Management, S.A.R.L. (SYM), a yacht management company based in Golfe-Juan, France. The acquisition expands Northrop & Johnson's service offerings into yacht management and new-build construction support, and MarineMax expects the deal to be accretive in the first full year.

Island Global Yachting Acquires Fairport Yacht Support

October 28, 2021

Transportation

Island Global Yachting (IGY) has acquired a controlling interest in Fairport Yacht Support, a yacht management company founded by Graeme Lord in 2011. The combination expands IGY's suite of owner services and launches IGY TRIDENT, a membership program that integrates yacht management, dockage, fuel, crew services and other premium offerings for superyacht owners.

MarineMax Acquires Midcoast Construction Enterprises (Midcoast Marine Group)

December 5, 2022

Construction

MarineMax, Inc. acquired Midcoast Construction Enterprises, LLC (Midcoast Marine Group), a Central Florida–based full-service marine construction company, adding marina development capabilities, specialized equipment, and waterfront real estate in Tarpon Springs, Florida. Midcoast founder and CEO Jack Fulford will continue to run the business as part of MarineMax's expanding marina and services platform.