OneWater Marine Acquires Garden State Yacht Sales
April 11, 2024
OneWater Marine Inc. signed a definitive agreement to acquire the net assets of Garden State Yacht Sales, a full-service marina and boat dealer in Point Pleasant Beach, New Jersey. The acquisition — for minimal capital outlay — expands OneWater's presence in the Mid-Atlantic U.S. and bolsters its new and pre-owned boat sales, finance, parts and service capabilities; Garden State generated approximately $14.0 million in sales in 2023.
- Buyers
- OneWater Marine Inc.
- Targets
- Garden State Yacht Sales
- Industry
- Retail
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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