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Leisure Marine

Suntex Marinas completes merger with Almar Marinas

Suntex Marina Investors, the largest standalone recreational marina owner in the US by marina count and boat slips, has joined forces with Almar Marinas through the acquisition of four marinas located in Oakland, California. These four marinas in Oakland include Jack London Square Marina, North Basin Marina, Central Basin Marina and Union Point Marina, which […]

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Leisure Marine

Suntex joint venture targets $1.25bn in marina deals

Suntex Marina Investors has established a new joint venture that plans to acquire more than $1.25bn worth of marina property in the United States. The firm, one of the largest marina owners in the US, has partnered with Centerbridge Partners and other Centerbridge-affiliated funds and global institutional investors, according to a statement released on Wednesday […]

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Leisure Marine

Suntex Marinas makes acquisition in New Jersey

Recreational marina owner Suntex Marina Investors has acquired Lighthouse Point Marina & Yacht Club in Toms River, New Jersey. Lighthouse Point is a full-service marina located along the Toms River, offering 243 wet slips and 38 jetski slips, each with access to electric, water, cable and wifi. “Expanding our offerings in the beautiful and iconic […]

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Leisure Marine

Suntex Marinas expands marina network in New Jersey

Suntex Marina Investors continues its US expansion with the acquisition of Fair Haven Yacht Works in Fair Haven, New Jersey. Fair Haven Yacht Works is a family-oriented, full-service marina located on the Navesink River. “We are thrilled to be acquiring another choice Jersey Shore property,” says Sam Chavers, Suntex Marinas’ senior vice president of operations, […]

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Leisure Marine

Suntex Marinas continues US expansion

Suntex Marina Investors continues its expansion in the US with the acquisition of Roosevelt Lake Marina in Roosevelt, Arizona. The 70-acre site on Roosevelt Lake consists of 258 wet slips, with access to water and electricity, and 146 covered and uncovered dry storage spaces, accommodating vessels ranging from 30ft to 55ft. The marina also features […]

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Leisure Marine

Suntex acquires first Florida panhandle marina

Suntex Marina Investors has made its first acquisition in the Florida panhandle with the purchase of the Legendary Marina in Destin, Florida. Legendary Marina, located in one of Florida’s most popular tourist destinations, is among the largest dry storage facilities in the United States, with over 180,000 square feet of space to accommodate 780 vessels. […]

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Leisure Marine

Second and third largest US marina operators merge

Suntex Marina Investors has joined forces with established marina management company, Westrec Marinas, creating a powerhouse in this sector. Owners of Suntex Marinas, private equity firm Centerbridge Partners LP, says it is paying about US$400m for Westrec, which will be absorbed into Suntex Marinas. This will create a combined company with more than 50 marinas […]

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Leisure Marine

Suntex acquires New York marina

Marina owner and operator Suntex Marina Investors, LLC (Suntex) has acquired Sunset Harbour on the South Shore of Long Island, New York. This follows Suntex’s purchase of Lynn Creek Marina located on Joe Pool Lake in Grande Prairie, between Dallas and Fort Worth, Texas, and Caloosa Cove Marina, located in Islamorada in the Florida Keys, […]

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Leisure Marine

Suntex Marinas acquires Florida marina

Suntex Marina Investors has acquired Caloosa Cove Marina, located in Islamorada in the Florida Keys.  This latest move follows Suntex making a series of significant acquisitions in 2021. In December 2021, Suntex purchased Seahaven Marina in Dania Beach, Florida, while in October 2021 the company acquired Marinas at Little Harbor – formerly known as Antigua […]

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Leisure Marine

Suntex acquires new Florida superyacht marina

Suntex Marina Investors has acquired Seahaven Marina in Dania Beach, Florida. Located close to Hollywood-Fort Lauderdale International Airport, the marina offers drawbridge-free access to the Atlantic Ocean for vessels and superyachts up to 250 feet. This is the latest in a series of acquisitions by Suntex, with the company taking over marinas in the Tampa […]