Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.
The electronics giant gains “substantially all the assets” of GEOS, a provider of emergency monitoring and incident response services.
It’s the private equity firm’s second acquisition within a month.
Billfish entities include PipeWelders Marine, P&R Canvas and High Seas Technology.
First Source will remain a standalone division, with its current management.
The company will continue to eye acquisitions.
Federal Hose Manufacturing acquired Marine Products International.
The purchase includes a 34-foot outboard catamaran and a 24-foot center console.
The boat management platform now includes the Boatrax IoT gateway.
The acquisition gives Lewis Marine a greater presence on Florida’s west coast.
The businesses merged to create a new Boat House Chicago facility.
Doug Sexton, a recruiter at the agency, will take over.
Boattest.com’s new leasing service is designed to let owners lease their boats in a fractional-style program.
A Washington boaters’ group purchases a marina, with the intent of rebuilding and donating it for public use.
Peter Eastman, owner of Eastman Boats, bought the brand from Peter Johnstone.
The parent of Chesapeake Bay Magazine will take over the Bay Weekly newspaper.
Shelburne Shipyard has been in operation for nearly 200 years on Lake Champlain.
The electric-powered Bimini shade are offered by several pontoon OEMs.
The facility will be renamed Atlantic Marina at Ferry Point.
MJM Yachts’ new plant in North Carolina will create 207 jobs. The company, according to CEO Peter Johnstone, will also continue to build boats at Boston Boatworks.
The company is focusing on companies that focus on Florida.
The acquisition of Hideaway Bay Marina on Lake Lanier gives Safe Harbor 90 facilities in 20 states.
Foulfree was developed to protect transducers from fouling.
The Florida-based electronics distributor will continue with the same team.
The shade and awning manufacturer will remain in its new Philadelphia headquarters.