OneWater Marine Acquires Stone Harbor Marina

June 15, 2021

OneWater Marine Inc. agreed to acquire the assets of Stone Harbor Marina from owner Tom Russell to expand its presence in the northeastern United States. The acquisition adds new and pre-owned boat sales, service and repair, storage and marina operations — Stone Harbor generated approximately $35 million in trailing twelve-month sales — and is expected to close in OneWater’s fiscal fourth quarter of 2021.

Targets
Stone Harbor Marina
Sellers
Tom Russell
Industry
Retail
Location
New Jersey, United States
Transaction Type
Addon

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