Freedom Boat Club Acquires Rhode Island Franchise Operation

USA
20th December 2021

Freedom Boat Club Acquires Rhode Island Franchise Operation

Freedom Boat Club Acquires Rhode Island Franchise Operation
Business Type: Boat Share

Freedom Boat Club, a Brunswick Corporation business, has acquired the Freedom Boat Club of Rhode Island franchise operation and territory, for an undisclosed sum.

The acquisition, the fifth boat club one made by Brunswick in 2021, includes all four current Rhode Island-based locations, as well as the rights to expand and build new club locations throughout Rhode Island. This action complements the recent Freedom Boat Club acquisitions in the Northeast, including the New York City / Long Island and Connecticut territories.

The Freedom Boat Club, with its HQ in Florida, was founded in 1989 and is the world’s oldest and largest boat club with more than 300 owned and franchised locations in 33 states, Canada, and Europe.

Cecil Cohn, Freedom Boat Club Network’s President, sees the acquisition as an opportunity to push forward on its expansion plans.

He commented:

The Freedom Boat Club brand entered the Rhode Island market under the leadership of former owner and marine industry veteran Richard Cromwell. As part of the transition, Cromwell will remain onboard to assist with the transition, and the local staff has been retained.

Cromwell said:

About Freedom Boat Club

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