Business
South Shore Marine Acquired

South Shore Marine Acquired

19-Oct-2017

Atlanta-based OneWater Marine Holdings has acquired Huron, Ohio-based South Shore Marine. The acquisition marks OneWater’s entry into the Midwest market; the company’s other holdings are primarily located in the South and Mid-Atlantic regions. All existing personnel from South Shor...
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Business
Boatsetter Acquires Boatbound

Boatsetter Acquires Boatbound

12-Oct-2017

The boat-sharing company Boatsetter has acquired its competitor, Boatbound, to create a larger peer-to-peer boat-sharing organization. Combined, it’s estimated that the two companies will surpass 10,000 boat rentals by the end of this year. Boatsetter decided to acquire Boatbound in order to p...
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Business
Private-Equity Firm Acquires West Marine

Private-Equity Firm Acquires West Marine

27-Sep-2017

Earlier this summer, West Marine announced that it will now be privately held, due to a merger agreement with Monomoy Capital Partners, a New York-based private-equity firm. Under the agreement, Monomoy will acquire all of the outstanding shares of West Marine common stocks at $12.97 per share in ca...
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Business
Happy Birthday, MBIA!

Happy Birthday, MBIA!

20-Sep-2017

The Michigan Boating Industries Association is celebrating its 60th birthday with a fresh look. The organization now boasts a new, modern logo to match the recent rebranding of its boat shows. ...
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Business
Walstrom Marine Now Sea Ray Dealer

Walstrom Marine Now Sea Ray Dealer

19-Sep-2017

Walstrom Marine is adding to its portfolio of boats through a new partnership with Sea Ray. Walstrom will sell Sea Ray sports boats, sport cruisers and yachts at its northern Michigan locations: Harbor Springs, Traverse City, Bay Harbor and Cheboygan. “The reputation of Sea Ray is in full...
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Business
Yamaha Purchases Bennett Marine

Yamaha Purchases Bennett Marine

15-Sep-2017

Yamaha has acquired Bennett Marine, Inc., creator of the adjustable trim tab. Bennett Marine is known for its hydraulic trim tab systems and the recently launched Bolt electric trim tab and AutoTrim Pro systems. Bennett Marine will become a part of Yamaha’s newly created subsidiary, Yamaha Mar...
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Business
Freedom Boat Club Partners with Safe Harbor Marinas

Freedom Boat Club Partners with Safe Harbor Marinas

14-Sep-2017

Freedom Boat Club and Safe Harbor Marinas join forces on a national promotion to benefit its members. Safe Harbor Marinas members who sign up for a SHM Platinum Card will enjoy custom rates and exclusive standby access to the Freedom Boat Club fleet at joint club and marina locations. &ld...
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Business
Volvo Penta Acquires Seven Marine

Volvo Penta Acquires Seven Marine

11-Sep-2017

In an effort to expand the scope of its products, Volvo Penta has acquired Germantown, Wisconsin-based Seven Marine. Seven Marine was founded in 2010 and is known for producing the most powerful outboard models in the world, which clock in at 556 and 627 hp. Volvo Penta has been in the engine ga...
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Business
Volvo Penta Names New Vice President, Marine Sales

Volvo Penta Names New Vice President, Marine Sales

24-Aug-2017

Volvo Penta of the Americas welcomes Jens Bering to the executive team as vice president, marine sales. Bering, who has 20 years of experience with Volvo Penta, will provide strategic direction for the company’s North America marine sales segment, and will be responsible for commercial an...
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Business
South Shore’s Brendan Sexton Achieves Master Tech Status

South Shore’s Brendan Sexton Achieves Master Tech Status

09-Aug-2017

Congratulations are in order for South Shore Marine’s Brendan Sexton, who achieved Yamaha Master Technician certification. This is the highest level a Yamaha outboard mechanic can achieve. Sexton is among the elite 294 Master Technicians in the U.S. “[This is] truly one of the most humbl...
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