MarineMax completed the acquisition of Island Global Yachting for $580m.

MarineMax, the world’s largest recreational boat and yacht retailer, completed the acquisition of Island Global Yachting, which owns and operates a collection of iconic marina assets and a yacht management platform in key global yachting destinations, for $580m. "We are excited to join the MarineMax Family and its experienced management team. MarineMax brings significant resources, synergies, and competitive advantages to our business amplifying our potential for both organic and inorganic growth. With IGY’s irreplaceable destination portfolio, demonstrated track record of successful acquisitions and a robust pipeline, we are confident in our collective ability to strengthen and build on our position as the global leader in superyacht and luxury marina destinations and related services," Tom Mukamal, IGY Marinas CEO.