TopSide Marinas Acquires Bay Marine Marinas in Waukegan and Sturgeon Bay
May 30, 2024
TopSide Marinas has acquired two Lake Michigan marinas — Bay Marine of Chicago (Waukegan, IL) and Bay Marine of Sturgeon Bay (Sturgeon Bay, WI). The previous owners, Matt and Mark Felhofer, will continue to own and operate Bay Marine Yacht Sales and will lease back showroom and office space at both locations as TopSide expands its Great Lakes footprint.
- Buyers
- TopSide Marinas
- Targets
- Bay Marine of Chicago (Waukegan), Bay Marine of Sturgeon Bay (Sturgeon Bay)
- Sellers
- Matt Felhofer, Mark Felhofer, Bay Marine Yacht Sales
- Industry
- Real Estate
- Location
- United States
- Transaction Type
- Buyout
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