T-H Marine Supplies acquires Texas company

T-H Marine Supplies of Huntsville, Ala., acquired the assets of HydroWave LLC of Carrollton, Texas.
Author:
Updated:
Original:

T-H Marine Supplies of Huntsville, Ala., acquired the assets of HydroWave LLC of Carrollton, Texas.

Financial terms of the deal were not disclosed.

HydroWave designs, manufactures and sells a patented line of marine sound technology devices that attract fish for anglers.

“We are very pleased to announce the acquisition of the HydroWave assets,” T-H Marine president Jeff Huntley said in a statement. “We are also proud that we will retain several key HydroWave employees and have entered into a multiyear consulting agreement with HydroWave founder Gene Eisenmann. Gene and his team have built a strong company with an excellent reputation for providing cutting-edge technology to help make fishing more rewarding for anglers of any skill level. These products really work, and we are excited about adding this great brand to the T-H Marine product line.”

“Growing HydroWave over the last four years has been an exciting adventure,” Eisenmann said. “I can’t imagine the dynamic growth it will achieve tied in with an industry leader such as T-H Marine. I’m also looking forward to a continued role in new-product development.”

Kevin VanDam, one of the owners of HydroWave, and one of the top anglers in the world, is maintaining an interest in the brand and staying involved with product development and promotion, Huntley said.

“I have been with HydroWave as an owner from the beginning,” VanDam said. “I believe in and use the product. I am excited that a super company like T-H Marine has bought HydroWave. T-H is a true leader in innovation of new products for serious fishermen. I have used and believed in T-H products for many, many years and they are literally on my boat from trolling motor to transom. We have already made plans for me to stay very involved with the brand and to work with T-H Marine to help more anglers catch fish with our sound technology.”

Related

Distributor Expands ePropulsion Sales Territory

Mack Boring will now offer ePropulsion’s electric outboards in the entire North American and Central American markets.

Registration Still Open for NMMA Webinar

The March 4 State of the Industry webinar includes the presentation of the Marine Industry Customer Satisfaction Index Awards and the Alan J. Freedman Award.

Rollick Secures $8.5 million in Funding

The market strategists said Web traffic in the third quarter of 2020 was up 245 percent on a year-over-year basis.

Time to Cry Foul Over Erie Canal Changes

An act has been introduced in the waning days of New York’s annual budget process that allows no opportunity for public input.

Service to Send $1 Billion to State Wildlife Agencies

U.S. Fish and Wildlife Service will distribute funds to states to bolster conservation projects and recreational opportunities.

Quick Hits: March 1, 2021

Safe Harbor Newport Shipyard adds SF Marina floating dock array.

Patrick Supports Care Camps

The outdoors camps for children with cancer receive a first-time gift and marketing support from Patrick Industries.

Brunswick Creates Autonomy Position

The company promoted Jason Arbuckle to marine autonomy technology lead, with a focus on incorporating autonomous and driver-assist features into its product line.