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Announced

Completed

OneWater Marine completed the acquisition of Denison Yachting.

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

Single Bidder

Marine Transportation

Acquisition

Domestic

yachts

Majority

Completed

Private

Friendly

Synopsis

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OneWater Marine, a recreational boat retailer, completed the acquisition of Denison Yachting, a provider of superyacht sales, yacht sales, and ancillary yacht services. Financial terms were not disclosed. “We are thrilled to welcome Bob Denison and his team into the OneWater family, which expands and strengthens our presence in the superyacht and yacht categories. As we move through the second fiscal quarter, we continue to capitalize on record demand and a growing backlog. Orders at the Miami Boat show were off the charts for both OneWater and Denison, which underscore our combined position as the premier marine retailer of choice from superyachts and yachts to traditional boat sales, parts and service. We look forward to enhancing our leadership position in the market in the coming years," Austin Singleton, OneWater CEO.

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