Stonepeak Recapitalizes Southern Marinas, Taking Majority Control

April 22, 2026

Stonepeak has recapitalized Southern Marinas, taking majority control of North America’s largest marina operator in a deal valued at well over $1 billion. The firm acquired its stake from Gridiron Capital, while Southern Marinas’ founding management team led by CEO Brad Nelson retained a meaningful equity stake and continued day-to-day operations.

Buyers
Stonepeak
Targets
Southern Marinas
Sellers
Gridiron Capital
Industry
Infrastructure
Location
United States
Transaction Type
Recapitalization

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