Boat dealers sell new or used boats, or both, in combination with other activities, such as repair services. They may also sell new or used boat engines, trailers, marine supplies, and parts and accessories. A single dealer may sell several brands of boats and boats of different sizes and types. ranging from personal watercraft to large yachts.
The acquisition further expands OneWater’s reach in the Northeast.
The company — which saw a 29.8 percent revenue increase in its fiscal Q4 — also announced it will acquire Tom George Yacht Group.