InsideArbitrage Potential Deal Alert: OneWater (ONEW) in Talks to Buy Rival Boat Dealer MarineMax (HZO)

POTENTIAL DEAL DETAILS

According to Bloomberg, OneWater Marine (ONEW) is in talks to acquire its larger rival MarineMax (HZO). OneWater has made an all-cash, $40-a-share offer for MarineMax following months of private discussions. The combined company would be valued at about $2.5 billion, including debt.

Marinemax, Inc. Investor Relations

Onewater Marine Inc. Investor Relations

Update(s):

June 3, 2024: OneWater Marine (ONEW) declined to comment on the potential acquisition of MarineMax (HZO), saying the company does not “comment on market rumors or speculation”.

July 9, 2024: Island Capital Group offered to buy a 100% interest in MarineMax’s (HZO) yachting and marina business. It proposed to acquire the YMRS assets at a double-digit EBITDA valuation multiple.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.