T-H Marine (OneWater Marine) Acquires YakGear, Inc.

OneWater Marine Acquires T-H Marine for Approximately $185M

October 21, 2021

Manufacturing

OneWater Marine Inc. has entered into a definitive agreement to acquire T-H Marine, a leading provider of branded marine parts and accessories, for approximately $185 million. The acquisition, expected to close in Q4 2021, advances OneWater’s growth and diversification strategy by expanding its parts & accessories offering, and is expected to be immediately accretive to revenue, margins and EPS.

OneWater Marine Acquires Walker Marine Group

January 4, 2021

Retail

OneWater Marine Inc. completed the acquisition of Walker Marine Group, a five-location boat dealership group in southwest Florida, marking OneWater's largest acquisition to date. The deal expands OneWater's presence in Florida and adds a dealer with over $80 million in trailing twelve-month revenue and established service, parts, and F&I capabilities.

T-H Marine Acquires GATOR GUARDS Division from SS Marine Products

September 3, 2021

Manufacturing

T-H Marine Supplies, LLC acquired the assets of the GATOR GUARDS division of SS Marine Products, Inc. and will operate GATOR GUARDS as a standalone division from its Farmington, Illinois facility. The deal expands T-H Marine's product portfolio in boat protection products and preserves existing management continuity, with founders' family members remaining on the team.

OneWater Marine Acquires Tom George Yacht Group

December 7, 2020

Retail

OneWater Marine Inc. completed the acquisition of substantially all assets of Tom George Yacht Group, adding two locations that deepen the company's presence on Florida's west coast (Clearwater and Dunedin). Tom George Yacht Group, an authorized dealer and full-service yacht brokerage and service provider with over $30 million of trailing-12-month revenue, will join OneWater's network to expand new and pre-owned boat sales, brokerage, and service & parts offerings.

OneWater Marine Acquires Norfolk Marine

November 16, 2021

Retail

OneWater Marine Inc. has reached an agreement to acquire Norfolk Marine Inc., expanding OneWater’s presence in the Mid-Atlantic and establishing its first dealership in Virginia. Norfolk Marine is a third-generation, family-owned full-service boat dealer that generated over $20 million in sales in the prior twelve months and offers new and pre-owned boat sales, parts, finance and service; the deal was expected to close in Q4 2021.

OneWater Marine Acquires Garden State Yacht Sales

April 11, 2024

Retail

OneWater Marine Inc. signed a definitive agreement to acquire the net assets of Garden State Yacht Sales, a full-service marina and boat dealer in Point Pleasant Beach, New Jersey. The acquisition — for minimal capital outlay — expands OneWater's presence in the Mid-Atlantic U.S. and bolsters its new and pre-owned boat sales, finance, parts and service capabilities; Garden State generated approximately $14.0 million in sales in 2023.