Genmar Holdings, formerly headed by Irwin Jacobs, was once one of the two largest boatbuilders in the world, with 15 brands, until it was forced into Chapter 7 liquidation in 2009. Several brands became part of Platinum Equity’s boat lineup, but some were bought by J&D Acquisitions, headed by Jacobs and partner John Paul DeJoria.
Marquis President tells dealers he will provide any information about the company’s future as “it becomes available.”
Jacobs and his wife, Alexandra, were found this morning in their Minneapolis home.