OneWater Marine acquires boat mart

USA
26th July 2021

OneWater Marine acquires boat mart

OneWater Marine acquires boat mart

OneWater Marine has expanded its Florida presence with the acquisition of Naples Boat Mart.

Naples Boat Mart, a third-generation family owned and operated business offers a number of services that include a full rigging shop and several mobile service units. Along with new boats from Grady White, Hurricane, and Key West, powered by Yamaha outboards, the dealership generated about US$30m in sales during the past 12 months.

Owner Philip Osborne said that OneWater will help grow the business in ways his family can’t.

He commented:

OneWater Marine is one of the largest and fastest-growing premium recreational boat retailers in the United States, with 69 stores throughout 10 different states. This latest acquisition will expand the boat retailer’s footprint on Florida’s Gulf coast and will become the 70th store in the Georgia-based dealer’s portfolio.

Just last month, OneWater announced the purchase Stone Harbor Marina in the state of New Jersey, as part of a steady stream of acquisitions the past 24 months.

Austin Singleton, Chief Executive Officer for OneWater, commented:

About One Water Marine About Naples Boat Mart

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