NXTLVL Marine Acquires Austin Boats & Motors
May 20, 2022
NXTLVL Holdings, LLC (NXTLVL Marine) has acquired Austin Boats & Motors, a single-location, family-owned boat dealership near Austin, Texas. The acquisition expands NXTLVL's Texas footprint (its fifth location) and was completed with sell-side advisory support from Three Twenty-One Capital Partners; the family owners (led by Martin Boyer) will transition the business into NXTLVL's multi-location dealer platform.
- Buyers
- NXTLVL Holdings, LLC (NXTLVL Marine)
- Targets
- Austin Boats & Motors, Inc.
- Sellers
- Martin Boyer and the Austin Boats family owners
- Industry
- Retail
- Location
- Texas, United States
- Transaction Type
- Addon
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