Business Type: Marina Operator
UK & International Business Sales and M&A News
BlueWater Marinas, alongside Bain Capital, has acquired Bayside Marine, a full-service marina located in Duxbury, Massachusetts - the fifth marina acquired by Bain Capital and BlueWater as part of their joint venture.
Bayside Marine is family-owned and operated by the Kent family since 1949. Situated on Duxbury Bay with direct access to Cape Cod Bay, the property serves as a premier launch point for fishing and cruising across the South Shore and greater Cape Cod region. Bayside operates as a full-service, one-stop destination for customers’ boating needs, including storage, service, and boat sales as an authorised Grady-White dealer.
Boat sales include both new and pre-owned boats, alongside servicing, spring commissioning, electronics installation and winter services. The on-site marine store offers boating supplies, including life jackets, marine electronics, fenders, anchors, cleaning products and apparel.
BlueWater Marinas has over 110 years of combined experience dedicated to developing, redeveloping, managing, and maximizing value of marina operations. Headquartered in Charleston, South Carolina, BlueWater Marinas was established by former executives and key team members of PORT 32 Marinas and Atlantic Marina Holdings, alongside several marina industry experts.
Since 2003, BlueWater’s principals have acquired, developed and managed over 4,000 wet and dry slips and over 140,000 square feet of marine commercial space.
Joe Miller, a Principal at BlueWater Marinas, said:
“Bayside Marine is a highly respected, deeply rooted business within the New England boating community. The property’s wide scope of services, attractive location, and multi-generational legacy align well with our approach to investing in high-quality marina operations in key coastal markets.
“We look forward to supporting the Kents and their team in continuing to deliver exceptional customer experience as they stay on to lead the day-to-day operations of the business.”
Joe Miller – Principal at BlueWater Marinas
Bain Capital Real Estate is a global private investment firm with approximately $215 billion of assets under management.
Bain Capital Real Estate and BlueWater Marinas have formed a strategic joint venture to acquire and operate storage-centric marinas along the US East Coast, expanding its portfolio with both dry and wet slips.
This latest acquisition follows the purchase of Kent Narrows Boatel in January 2026, a Class-A, heated drystack marina located just outside of Annapolis in Kent Narrows, Maryland – the fourth marina added to the Bain Capital/BlueWater portfolio.
Andrew Terris, a Partner at Bain Capital Real Estate, commented:
“Bayside represents a compelling opportunity to invest in a high-quality, full-service marina that expands our presence in the Northeast. This asset pairs well with our acquisition of Glyn’s Marine on Nantucket and reflects our strategy of building a portfolio of outstanding marina properties along the East Coast.”
Andrew Terris – Partner at Bain Capital Real Estate
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