MarineMax reports 2023 Q1 fiscal results

MarineMax, Inc. (NYSE: HZO) has announced results for its first quarter ended December 31, 2022. Revenue increased 7% to $507.9 million for the quarter ended December 31, 2022, from $472.7 million in the comparable period last year. The growth was primarily driven by contributions from strategic acquisitions, including IGY Marinas which closed in October 2022. […]

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MarineMax invests in marine development company

MarineMax, Inc. announced the acquisition of Midcoast Construction Enterprises, LLC (“Midcoast Marine Group”), a full-service marine construction company based on Central Florida’s Gulf Coast.  “Midcoast Marine Group complements our growing marina portfolio and adds a valuable skillset to our expanding service offerings,” stated W. Brett McGill, Chief Executive Officer and President of MarineMax. “Adding Midcoast […]

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MarineMax To Acquire IGY Marinas

  MarineMax To Acquire IGY Marinas Expanding Global Marina and Services Business MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced that it has entered into a definitive agreement to acquire Island Global Yachting LLC (“IGY Marinas”), which owns and operates a collection of iconic marina assets and a yacht […]

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MarineMax to acquire IGY Marinas

MarineMax, Inc. today announced that it has entered into a definitive agreement to acquire Island Global Yachting LLC (IGY Marinas), which owns and operates a collection of marina assets and a yacht management platform in key global yachting destinations. MarineMax will acquire IGY Marinas for $480 million in cash, with an additional potential earnout of […]

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MarineMax announces record Q3 results

MarineMax, Inc. announced results for its third quarter ended June 30, 2022. Revenue increased 3% to a record $688.5 million for the quarter ended June 30, 2022, from $666.3 million in the comparable period last year. Revenue growth benefitted from contributions of recent strategic acquisitions, as same-store sales declined 5% versus an increase of 6% […]

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