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Announced

MarineMax to acquire Northrop & Johnson.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Recreational Vehicles and Boats

Majority

superyacht brokerage

Private

yachts

Pending

United States

Single Bidder

Friendly

Domestic

Synopsis

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MarineMax, a recreational boat and yacht retailer, agreed to acquire Northrop & Johnson, one of the largest superyacht brokerage and services companies with offices across the globe. Financial terms were not disclosed. "The acquisition of Northrop & Johnson furthers the MarineMax commitment to fulfilling our mission of exceptional customer service, regardless of whether a client is buying, selling, insuring, building, crewing or chartering. The combination allows us to provide an even greater network to serve our customers’ shared passion for yachting," Brett McGill, MarineMax CEO and President.

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