NXTLVL Marine Acquires MarineMax Locations in San Antonio and Lake LBJ

NXTLVL Marine Acquires Austin Boats & Motors

May 20, 2022

Retail

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.

MarineMax Acquires Nisswa Marine

July 1, 2021

Retail

MarineMax, Inc. acquired Nisswa Marine, a full-service Midwest boat dealer headquartered in Nisswa, Minnesota, strengthening its storage and service offerings in the region. Nisswa generated over $35 million in revenue in 2020 and will continue to be operated by the Wiczek family leadership team under MarineMax ownership.

Ron Hoover RV & Marine Centers Acquires Master Marine and Outdoor Living RV (San Antonio)

November 14, 2023

Automotive

Ron Hoover RV & Marine Centers, a family-owned Texas dealership group, acquired Master Marine and Outdoor Living RV — two adjacent dealerships in San Antonio, Texas — from owner George Noyes. The acquisition expands Ron Hoover's footprint in Texas and preserves the dealerships' existing locations and operations.

Suntex Marina Investors Acquires Lynn Creek Marina

January 26, 2022

Real Estate

Suntex Marina Investors, LLC acquired Lynn Creek Marina on Joe Pool Lake in Grand Prairie, Texas. Suntex plans to invest capital to improve amenities and security, rename the on-site restaurant and excursion boat, and integrate the property into its portfolio of marina properties across the United States.

OneWater Marine Acquires Naples Boat Mart

July 20, 2021

Retail

OneWater Marine Inc. agreed to acquire the assets of Naples Boat Mart, a third-generation, family-owned boat dealer, to expand its presence on Florida's West Coast and enhance its new and pre-owned boat sales, service, storage and finance & insurance offerings. The transaction, expected to close in Q4 2021, brings Naples Boat Mart's factory-trained technicians, rigging shop and mobile service units into the OneWater platform.

Marine Connection Acquires Majority Interest in Boaters Exchange

January 1, 2022

Retail

Marine Connection acquired an 80% majority interest in Boaters Exchange, a 20-year retail boat dealership operating two Central Florida locations (Rockledge and New Smyrna Beach). The founders and former partners Jerry Butz and Paul Berube retain a combined 20% and remain in management; Boaters Exchange operates with approximately $30M in sales and 42 employees, and the deal expands Marine Connection to nine Florida locations and $100M+ in sales.