Mastercraft has acquired Nauticstar, LLC

North America
3rd October 2017

Mastercraft has acquired Nauticstar, LLC

MasterCraft announced that it has acquired NauticStar, LLC, a leading manufacturer and distributor of 18-28 foot, high-quality bay boats, deck boats and offshore center console boats for approximately $79.8 million.

Founded in 2002, NauticStar, located in Amory, Mississippi, is privately owned and operated. With more than 15 years of boat manufacturing experience – including a 200,000 square-foot manufacturing facility – NauticStar has a reputation for reliability, quality and consistency, with a loyal network of dealers and customers including professional and sport fisherman, and recreational and pleasure boating enthusiasts. NauticStar currently sells its boats in the United States through an established network of approximately 70 dealers. In calendar year ending 2016, the company generated approximately $63.7 million in net sales and is expected to approach $80 million in net sales for the calendar year ending 2017.

Nauticstar Boats

MasterCraft’s acquisition of NauticStar was completed as a simultaneous sign and close. NauticStar will maintain its current headquarters and manufacturing facility in Amory, Mississippi, approximately 300 miles southwest of MasterCraft. The transaction is expected to be accretive to MasterCraft’s earnings per share in fiscal 2018.

Business Type: Boat Builder

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