BoatTrack purchased an office building and moved its center of operation to a new location in Tallahassee, Fla.
Six miles from the company's prior location, the new office provides additional space for anticipated growth and expansion.
"The purchase shows our commitment and intent to grow our business and remain a going concern into the future," BoatTrack president Rob Murphy said in a statement.
Murphy purchased the company in 2012 and has undertaken a complete revision of its products.
BoatTrack is a software suite developed specifically for boatbuilders, their dealers and service centers.