MarineMax acquires New Jersey dealer - Trade Only Today

MarineMax acquires New Jersey dealer

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MarineMax Inc. said today that it has acquired Island Marine Center, which is entering its 34th year serving the southern New Jersey boating market.

2017 revenue was about $10 million, making Island Marine one of the larger dealers in the market, MarineMax said. Island Marine Center has locations in Ocean View and Somers Point.

MarineMax said Rick Castellini and his staff will remain to manage and lead the operations.

"We are excited to strengthen and enhance our already strong New Jersey presence with the Island Marine team,” said MarineMax chairman and CEO William “Bill” McGill in a statement. “Rick has done a great job building Island Marine around a similar customer-centric service approach as MarineMax. Culturally, our two companies are strongly aligned. With Island Marine, we are now even better able to serve the important southern New Jersey area market."

“We are excited about joining the MarineMax team,” Castellini said. “This combination better enables the Island Marine operations to grow and take advantage of new opportunities for the future. We expect this partnership will allow Island Marine to take its business to the next level with MarineMax.”

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