Skip to main content

OneWater Marine Adds Naples Boat Mart

1_onewater-logo%20png_edited

OneWater Marine has reached an agreement to acquire the assets of Naples Boat Mart, the company said in a statement. Terms of the deal weren’t disclosed, and OneWater expects the transaction to close later this year.

A third-generation, family-owned and operated business, the Venice, Fla.-based dealership carries the Grady-White, Hurricane and Key West brands. OneWater said the move will increase new and preowned boat sales and give OneWater an established storage, service and repair presence on Florida’s west coast.

Naples Boat Mart generated approximately $30 million in sales during the past 12 months, according to the statement.

2_OneWater-Grady-White

OneWater CEO Austin Singleton said the acquisition further enhances its presence in the Sunshine State. Earlier this year, the company finalized its acquisition of Walker Marine Group in Marco Island, and in late 2020 it added the Tom George Yacht Group’s two locations, in Clearwater and Dunedin.

“We are thrilled to welcome Philip Osborne and the Naples Boat Mart team into the OneWater family as we continue to deliver on our acquisition strategy,” Singleton said. “We look forward to providing new opportunities and resources to support their continued success.”

Added Osborne: “With OneWater’s digital footprint, finance and insurance prowess, and a company culture that is second to none, I believe we can take Naples Boat Mart to new heights, amplifying new and existing revenue streams while staying beholden to our values as a family-owned company.”

Related

1_TRAVELIFT.COOP

Marine Travelift Launches Co-op Program

The company received its first student, a University of Wisconsin engineering major, in the seven-month paid co-op.

1_JULY4

Trade Only Today Returns Tuesday

The e-newsletter will not publish July 4 in observance of Independence Day. We wish everyone a safe holiday weekend.

1_ORR.FUNDS

ORR Announces Federally Funded Projects

The U.S. Economic Development Administration prioritized outdoor recreation for the first time

Norm#4

Ten Ways To Sell in a Tough Economy

These keys to successful selling can help you create customers who keep coming back, even when sales dip

1_ASA.BOARD

ASA Names New Board Members

The American Sportfishing Association filled two at-large seats and two regional seats on its board of directors.

1_EXEC.SEARCH

Dammrich, Hopkinson Partner With Marine Resources Recruitment

The industry veterans will help clients fill executive-suite, marine industry job openings around the world.

1_PULSE.PING.0630

DEALERS: How Was Business in the First Half of 2022?

With the second quarter coming to a close, was there parity between the budget and financial performance in the first six months? Take the Pulse Report survey here.

1_PMMPODCAST

Passagemaker Relaunches Podcast

Trawler Talk aims to connect with those who are interested in the cruising lifestyle, with episodes dropping every other week