World’s largest marina operator acquires superyacht service provider

10th May 2021

World’s largest marina operator acquires superyacht service provider

Safe Harbour Marinas, the world’s largest marina operator, has acquired Lauderdale Marine Center ('LMC'), a premier US destination and service provider for the superyacht industry in Fort Lauderdale, Florida.

In 1997, LMC brought a new vision to Broward County. That vision was to create the world’s premier superyacht facility right in the heart of Fort Lauderdale. Through years of investment in wet slip and dry storage infrastructure, the team developed world-class operational capacity and honed a unique marketplace model. Today, LMC has a total of 106 slips, employs more than 100 full-time professionals and is home to hundreds of marine industry tenants and contractors.

Baxter Underwood, CEO of Safe Harbor Marinas commented:

Safe Harbor Marinas is the largest marina operator and owner in the world. Based in Dallas, Texas, the company is dedicated to providing exceptional service and memorable experiences to the global boating community. With the closing of this transaction, Safe Harbor now owns and operates more than 115 marinas in 22 states.

The transaction was valued at approximately $340 million.

About Safe Harbour Marinas About Lauderdale Marine Center


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