BlueWater Marinas (Bain Capital Real Estate JV) Acquires Bayside Marine

Bain Capital Real Estate and BlueWater Marinas Acquire Kent Narrows Boatel

October 3, 2025

Real Estate

Bain Capital Real Estate, working with marina operator BlueWater Marinas, has acquired Kent Narrows Boatel (KNB), a Class-A heated drystack marina on Kent Island, Maryland. The property — which offers 375 slips and over 12,000 square feet of commercial space — will become the fourth marina in the Bain/BlueWater portfolio and will be operated to enhance customer experience and regional market presence.

TopSide Marinas Acquires Bay Marine Marinas in Waukegan and Sturgeon Bay

May 30, 2024

Real Estate

TopSide Marinas has acquired two Lake Michigan marinas — Bay Marine of Chicago (Waukegan, IL) and Bay Marine of Sturgeon Bay (Sturgeon Bay, WI). The previous owners, Matt and Mark Felhofer, will continue to own and operate Bay Marine Yacht Sales and will lease back showroom and office space at both locations as TopSide expands its Great Lakes footprint.

BlackSea Technologies Acquires Blue Tide Marine

March 20, 2024

Aerospace & Defense

BlackSea Technologies, a Baltimore-based maritime defense solutions company and portfolio company of Razors Edge Ventures, has acquired Blue Tide Marine to expand its maritime operations, unmanned systems (UxS) capabilities and at-sea support services. The acquisition integrates Blue Tide Marine's maritime expertise — including the 170' yacht support vessel OCEANUS V and a team of retired U.S. Navy SEALs and special operators — to strengthen end-to-end UxS operations, ISR, and mission sustainment for defense customers.

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.

Westbridge Capital Acquires Delta Marine Service

May 14, 2025

Industrial Services

Westbridge Capital has acquired Delta Marine Service, a yacht repair and maintenance provider based in Sidney, British Columbia. Westbridge said it will support Delta's next phase of growth by enhancing operations, expanding regional reach and investing in talent and infrastructure; day-to-day leadership will be assumed by General Manager Jason Chupick while founder Brian Coverley will transition to the board.

OneWater Marine Inc. Acquires Harbor Pointe Marina

September 7, 2023

Retail

OneWater Marine Inc. (NASDAQ: ONEW) acquired the net assets of Harbor Pointe Marina, an on-water dealership located in Dadeville, Alabama, expanding the company's presence on Lake Martin. The transaction (real estate excluded; inventory taken on consignment) broadens OneWater's new and pre-owned boat sales, finance, parts and services offerings; Harbor Pointe generated approximately $5.8 million in sales in 2022.