Keep up to date with the latest news about MarineMax, one of the world’s largest recreational boat, yacht and superyacht services companies.
Recreational boat and yacht retailer, MarineMax has announced a new location, MarineMax Jupiter and MarineMax Palm Beach Service Center. Located in Jupiter, Florida, MarineMax says this latest addition is designed to serve boating enthusiasts along the East Coast of Florida. “MarineMax Jupiter and the MarineMax Palm Beach Service Center represent the epitome of coastal luxury, […]
Online marketplace Boatzon.com has confirmed it has now welcomed in excess of 1,500 marine dealerships to its digital retailing platform. The company says that this influx of dealers to its online ecosystem solidifies its position as the industry’s ‘frontrunner’, enabling dealerships to display their inventory to a pre-qualified audience without incurring costs. In addition, Boatzon […]
Brokerage firm Fraser Yachts has acquired a controlling interest in Atalanta Golden Yachts, a charter management agency based in Athens, Greece. Following an initial period of transition, the newly combined companies will operate under the brand Fraser Yachts Greece as part of the overall Fraser Yachts Group. The news was confirmed in a statement by […]
US boatbuilder Cruisers Yachts has expanded its global reach with the appointment of three new international dealers. Now representing the US firm are Martin Motor Sports, with four locations in British Columbia, Canada; Narval Marine, in Panama City, Panama; and Yucatan Seas in Yucatan, Mexico. “We are very excited to partner with these dealers to […]
MarineMax, the world’s largest recreational boat, yacht and superyacht services company, has announced results for its fiscal third quarter ended 30 June, 2023. The firm’s revenue in the fiscal 2023 third quarter increased to a record $721.8 million from $688.5 million in the comparable period last year. The 4.8 per cent top-line growth was driven […]
Boatyard, a customer experience platform designed for the marine industry, has launched Boatyard.ai, billed as the industry’s first virtual AI assistant for recreational boaters. Boatyard, which was founded in 2015 and acquired by MarineMax in 2020, says Boatyard.ai is designed to make it easy for boaters to find the information and services they need to […]
MarineMax, the world’s largest recreational boat, yacht, and superyacht services company, is expanding its floor plan facility from $750 million to $950 million, which it says further increases the company’s liquidity and financial flexibility for the future. “The expansion of our floor plan facility, as provided by the accordion feature of our credit facilities, underscores […]
MarineMax, the world’s largest recreational boat, yacht, and superyacht services company, has announced results for its fiscal second quarter ended 31 March 2023. In a statement, the company reports a record second-quarter gross margin of 35.2 per cent, an increase of 150 basis points from 33.7 per cent in Q2 2022. The firm says this […]
MarineMax, the world’s largest recreational boat, yacht and superyacht retailer, has announced record results for its first quarter ended December 31, 2022. In a statement, the company says its growth was primarily driven by strategic acquisitions, including IGY Marinas, which closed in October 2022, and online marine retailer Boatzon. Revenue increased 7 per cent to […]
Recreational boat and yacht retailer MarineMax has completed the acquisition of online boat and marine retail platform, Boatzon, through its recently formed technology entity, New Wave Innovations. “Technology is integral to the growth of the marine industry, and with the acquisition of Boatzon we have added what we believe is the preeminent technology business connecting […]
Boat and yacht retailer MarineMax has formed a new business called New Wave Innovations, which will invest in and grow technology-related products and services. Digital customer experience platform Boatyard and online retailer Boatzon will both fall under this new entity. To form New Wave Innovations, MarineMax is acquiring the remaining seventy-five per cent interest in […]