Acquisitions and Investments

Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.

Sunsail and The Moorings have new ownership

The TUI Group said it has an agreement to sell U.K.-based travel operator Travelopia, parent of Sunsail and The Moorings, to the U.S. private equity firm KKR & Co. for $403.7 million.

David Walters Yachts has new owners

After celebrating 50 years in the yachting industry, David Walters stepped aside and will serve as a consultant to the new owners of David Walters Yachts, the company he built.

Hake Marine has new owners

As of January, Darrell and Leslie Allen are the new managing partners and majority shareholders of Hake Marine LLC, the builder of Island Packet and Seaward Yachts.

SeaStar Solutions acquires Marine Digital Integrators

SeaStar Solutions, a manufacturer and supplier of marine steering and control systems, engine parts, fuel systems and related products, said it acquired Marine Digital Integrators LLC, a Stuart, Fla.-based manufacturer of complete electrical proprietary systems.

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