Newsroom | 379 results
Sorted by: Latest
-
MarineMax Enters into Definitive Agreement to be Acquired by Blackstone Infrastructure Portfolio Company, Safe Harbor, in a $1.5 Billion All-Cash Transaction
OLDSMAR, Fla. & DALLAS--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), a marina operator, superyacht services company and boat and yacht retailer, and Safe Harbor Marinas (“Safe Harbor”), a marina and superyacht service business, today announced that they have entered into a definitive agreement, under which Safe Harbor will acquire all issued and outstanding shares of common stock of MarineMax for $53.00 per share in cash. The all-cash transaction represents an en...
-
LCI Industries Reports Second Quarter Financial Results
ELKHART, Ind.--(BUSINESS WIRE)--LCI Industries (NYSE: LCII), a leading supplier of engineered components to the recreation and transportation markets, today reported second quarter 2026 results. "We delivered solid second quarter results with expanded profitability despite continued soft outdoor recreation industry demand. Our 2026 performance has been driven first and foremost by our self-help initiatives. Through disciplined operational efficiencies and strategic cost reduction actions, we've...
-
CarPlay Arrives at the Helm: Crest Marine and Balise Pontoons Partner With Savvy Navvy on Industry First
OWOSSO, Mich.--(BUSINESS WIRE)--Crest and Balise Pontoons, MasterCraft Boat Holdings’ premier pontoon brands, today announced a partnership with Savvy Navvy, the leading all-in-one marine navigation app. Mirroring an automotive infotainment experience already familiar to consumers, Crest and Balise boaters now have access to Apple CarPlay and Android Auto featuring Savvy Navvy’s industry-leading, on-water navigation. During Crest Marine's annual dealer meeting today on Lake Lansing, dealers had...
-
Forest River Marine Unveils New MY2027 Sport Lineup Across Berkshire, South Bay, and Trifecta
MIDDLEBURY, Ind.--(BUSINESS WIRE)--Forest River Marine is introducing its new MY2027 Sport lineup across Berkshire, South Bay, and Trifecta....
-
MarineMax Reports Fiscal 2026 Third Quarter Results
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO) (“MarineMax” or the “Company”), the world’s largest recreational boat and yacht retailer, marina operator and superyacht services company, today announced results for its fiscal 2026 third quarter ended June 30, 2026. Fiscal 2026 Third Quarter Summary Revenue of $611.3 million Gross margin increased 530 basis points to 35.7%, driven by improved boat margins and continued growth of the Company’s higher-margin businesses Gross profit inc...
-
MarineMax to Report Third Quarter Fiscal 2026 Financial Results on Thursday, July 23, 2026
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, marina operator and superyacht services company, plans to release its third quarter fiscal 2026 financial results before the opening of the New York Stock Exchange on Thursday, July 23, 2026. At 10:00 a.m. ET that day, the Company will conduct a conference call hosted by Brett McGill, Chief Executive Officer and President, and Mike McLamb, Executive Vice President, Chief Financ...
-
Generational Group Advises Crownline Boats in its Sale to Whisper Marine, LLC, a Portfolio Company of Whisper USA, LLC
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Crownline Boats to Whisper Marine, LLC, a portfolio company of Whisper USA, LLC. The acquisition closed June 26, 2026. Headquartered in West Frankfort, Illinois, Crownline Boats is one of America's most established manufacturers of sport, deck, and cruiser boats, having delivered more than 90,000 boats to dealers and customers worldwide....
-
MarineMax Expands Distribution Opportunities for Financing & Insurance Offerings Through Partnership with NextBoat
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world's largest recreational boat and yacht retailer, marina operator and superyacht services company, today announced a strategic partnership with NextBoat, Inc. (NYSE American: NXB), an AI-powered marine technology company. Through the partnership, MarineMax expects to broaden the distribution opportunities for its Newcoast Financial Services subsidiary by engaging with a larger network of boat buyers and transactions across the...
-
MarineMax Refinances $1.49 Billion Senior Secured Credit Facilities
OLDSMAR, Fla.--(BUSINESS WIRE)--MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, marina operator and superyacht services company, today announced that it has completed the refinancing of its $1.49 billion aggregate senior secured credit facilities. The new credit facilities (the “Credit Facilities”) consist of the following: $950 million floor plan line of credit (the “Floor Plan”), replacing a similar facility $302.5 million term loan (the “Term Loan”), re...
-
Patrick Industries and LCI Industries to Combine in All-Stock Merger, Creating a Premier Platform Serving Global Outdoor Enthusiast, Housing and Other Markets
ELKHART, Ind.--(BUSINESS WIRE)--Patrick Industries (NASDAQ: PATK) (“Patrick”) and LCI Industries (NYSE: LCII) (“LCI” or “Lippert”) today announced they have entered into a definitive agreement to combine in an all-stock merger, forming a premier component solutions provider for the outdoor enthusiast, housing and transportation markets. Under the agreement, which the Boards of Directors of both companies unanimously approved, LCI shareholders will receive 1.2440 shares of Patrick common stock f...