Safe Harbor Marinas to Acquire MarineMax for $1.5 Billion in Cash

MarineMax, Inc. (HZO) entered a merger agreement on August 10, 2026, to be acquired by Safe Harbor Marinas for $1.5 billion.

Deal Structure:

MarineMax shareholders will receive $53 per share in cash, representing a premium of 48.54% from the stock’s last close.

Company Profile:

MarineMax is a U.S.-based recreational boat and yacht retailer, marina operator, and superyacht services provider. It sells new and used boats and yachts and provides marina, storage, brokerage, charter, financing, insurance, and marine services.

Safe Harbor Marinas is a marina operator and superyacht services provider that owns and operates marinas and provides boating, storage, and related marine services. It is a portfolio company of Blackstone Infrastructure.

Deal Details and Timeline:

In February, Reuters reported that Donerail Group had offered to buy MarineMax for $35 per share in an all-cash deal that would value the superyacht service company at just over $1 billion. The stock was trading at $27.03 before the offer came.

After a long bidding war, Reuters reported last month that investment firms Blackstone (BX) and Donerail were among the final bidders to acquire MarineMax. The two, as well as private equity firm Centerbridge, were in the final round of bidding.

Last year, OneWater Marine (ONEW) had also entered talks to acquire MarineMax.

The deal is expected to close by the end of 2026.

MarineMax received financial advice from Wells Fargo, with Sidley Austin serving as its legal advisor. Safe Harbor Marinas received financial advice from Evercore, with Simpson Thacher & Bartlett serving as its legal advisor.

Safe Harbor Marinas will be paying 15.1 times EBITDA for MarineMax.

Deal Metrics:

For in-depth details regarding this M&A transaction, please visit our Deal Metrics page here:

Deal Metrics for the acquisition of MarineMax, Inc. (HZO) by Safe Harbor Marinas

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• A spread history chart of the merger from announcement through eventual completion or failure.
• Every event as the merger progresses through the expiration of the HSR period, various regulatory approvals, shareholder votes, etc.
• News and SEC filings.
• A history of deal updates.
• And a whole lot more.

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Editor’s Note: Baranjot Kaur contributed to this article