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The Economic Times
The Economic Times

Blackstone-owned Safe Harbor nears $1.5 billion deal to buy MarineMax, sources say

New York: Blackstone Infrastructure's Safe Harbor Marinas, the world's largest owner and operator of marinas, is nearing a $1.5 billion deal to acquire ‌MarineMax , people ⁠familiar with ⁠the matter said.

The agreement will cap a months-long battle to buy the recreational yacht retailer, which caters ​to a wealthy clientele through its 65 marinas and storage locations and 70 dealerships, mostly in the ​United States. Activist investor Donerail and private equity firm Centerbridge were also among bidders in the final round, Reuters reported last month.

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