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New Deal


Announced

MarineMax to acquire Intrepid Powerboats.

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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United States

powerboats manufacturer

Friendly

Pending

Single Bidder

Domestic

Majority

Private

Acquisition

Commercial Vehicles and Parts

Synopsis

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MarineMax, a recreational boat and yacht retailer, agreed to acquire Intrepid Powerboats, a premier manufacturer of powerboats. Financial terms were not disclosed. “The strategic acquisition of Intrepid Powerboats allows us to provide Intrepid with additional resources to expand and to enhance how it serves their extremely loyal customer base. We believe we can help grow the Intrepid brand by leveraging our digital technologies, capital and other resources. This accretive acquisition aligns with our long-term strategy of adding quality businesses to our portfolio and implementing best practices to support the expansion of our gross margins,” W. Brett McGill, MarineMax CEO and President.

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