Blackstone to acquire Safe Harbor Marinas for $5.65bn.

Blackstone, a private equity firm, agreed to acquire Safe Harbor Marinas, a marina and superyacht servicing business, for $5.65bn. “Marinas benefit from key long-term thematic tailwinds including the growth of travel and leisure as well as population inflows into coastal cities. We believe Safe Harbor is the best positioned company in this sector, and we look forward to working with their terrific team to invest behind their existing marinas and to expand their footprint,” Heidi Boyd, Blackstone infrastructure business Senior Managing Director.