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Pier One acquires another

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Crown International Yacht Sales of Sarasota, Fla., has merged with Pier One Yacht Sales of Punta Gorda, Fla., expanding the brokerage’s coverage along much of Southwest Florida’s gulf coast.

Pier One has five sales locations stretching to St. Petersburg, and a charter division it began in May in Ft. Lauderdale. Pier One was founded by Len Garofoli, former vice president of Navigator Yachts.

This is the fifth brokerage firm to join under the Pier One banner in the past three years. The company now has 48 brokers serving Florida.

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