MarineMax and Safe Harbor Marinas, a portfolio company of Blackstone Infrastructure, announced that the two have entered into a definitive agreement, under which Safe Harbor will acquire all issued and outstanding shares of common stock of MarineMax for $53.00 per share in cash. The all-cash transaction represents an enterprise value of approximately $1.5 billion. If the transaction is completed, MarineMax would become a privately held company. MarineMax is a recreational boat and yacht retailer, marina operator, and superyacht services company.
“We are pleased to have reached this agreement with Safe Harbor,” said Brett McGill, CEO and president of MarineMax. “Throughout this process, we have remained focused on maximizing value for our shareholders and positioning MarineMax for continued growth and success. I am proud of the strength of our differentiated, resilient and integrated model, loyal customer base, talented team and premium product portfolio. The scale of our combined platforms will help us enhance and expand our offerings, deepen our partner and customer relationships, and provide greater opportunities for our team.”
The purchase price represents a premium of 96% to MarineMax’s closing share price of $27.03 on Jan. 30, 2026, the last trading day prior to public disclosure of an unsolicited non-binding proposal to acquire 100% of the company, as well as a premium of 110% to the company’s 90-day volume weighted average price for the period ended Jan. 30, 2026. The deal is expected to close by the end of 2026.
“MarineMax has a talented team and deep relationships across the industry,” said Baxter Underwood, CEO of Safe Harbor. “By bringing together these two complementary businesses, we believe we can create greater value for boaters and an expanded service offering for the industry.”
