ShoreMaster/HydroHoist (Waterfront Brands) Acquires Neptune Boat Lifts

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.

MPE Partners / Waterfront Brands Acquire Tide Tamer

November 28, 2022

Manufacturing

MPE Partners and its portfolio company Waterfront Brands have acquired Tide Tamer, a Snow Hill, North Carolina manufacturer and distributor of aluminum watercraft lifts, docks, and waterfront accessories. The add-on expands Waterfront's product portfolio and Southeastern footprint and brings Tide Tamer's Boat Lift Warehouse e-commerce channel into the Waterfront platform; deal financing was provided by Tree Line Capital Partners, Manulife Investment Management, Northwestern Mutual Capital and LBC Credit Partners.

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.

MPE Partners Recapitalizes Waterfront Brands

July 27, 2021

Manufacturing

MPE Partners (Morgenthaler Private Equity) announced the recapitalization of Waterfront Brands, the designer and manufacturer of premium watercraft lifts, docks, and related accessories, partnering with management led by CEO Don Hurley. Financing for the transaction was provided by Tree Line Capital Partners, Manulife Investment Management, Northwestern Mutual Capital, and LBC Credit Partners; Livingstone served as Waterfront's exclusive financial advisor. The recapitalization is intended to support accelerated organic growth and execution of complementary add-on acquisitions.

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.

MarineMax Acquires Boatyard Digital Platform

March 17, 2020

Cloud & SaaS

MarineMax, Inc. has acquired Boatyard, an on-demand digital platform for boating, to accelerate its digital customer experience initiatives. Boatyard will operate as an independent brand within MarineMax, with founder Nathan Heber leading the effort as President of Boatyard; financial terms were not disclosed.