
Port 32 Marinas and Acme Marinas have announced the merger of their portfolios, creating one of the largest marina portfolios along the US Atlantic and Gulf coasts.
Under the agreement, Acme’s seven marinas merge will merge with Port 32’s ten properties, creating a platform of 17 waterfront locations with approximately 4,000 slips.
Port 32, backed by Fireside Investments, has properties in Palm Beach Gardens, Fort Lauderdale, Naples, Tampa, Marco Island, Cape Coral, Tierra Verde, Jacksonville, Lighthouse Point and Morehead City.
Acme Marinas, backed by Koch Real Estate Investments, was founded in 2021 with a mandate focused on acquiring and operating marinas that deliver best-in-class experiences. Acme’s portfolio covers Sag Harbor Yacht Yard, Annapolis Landing Marina, Sanibel Marina, MacDougalls’ Cape Cod Marine Service, Falmouth Marine Yachting Center, Falmouth Ferry, Coinjock Marina & Restaurant and Vineyard Haven Marina.
PORT 32 CEO Austin Schell will continue to serve as CEO of the combined organisation. The Acme team will continue in key leadership roles for the combined platform, with Stephen Shaw serving as chief investment officer and Shelby Tucker as chief financial and chief administrative officer.
This leadership structure reflects a deliberate commitment to continuity, ensuring a seamless experience for members while preserving the local expertise and relationships that define each marina across both portfolios.
The post Port 32 Marinas and Acme Marinas announce merger appeared first on Marine Industry News.