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Tag "IGY Marinas"

MarineMax reports record revenue for Q4 2023

MarineMax reports record revenue for Q4 2023

MarineMax has reported record revenue of $508m generating a profit of $187m for the quarter ending December 31st, 2022. Sales rose by  7% and profit was up 12% from the same period last year. The superyacht and boat broker said

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MarineMax reports record $2.3bn in sales for 2022

MarineMax reports record $2.3bn in sales for 2022

MarineMax has reported record sales of $2.3bn for 2022 in its fourth quarter and final report for the fiscal year ending September 30th 2022. This follows record fourth quarter revenue, increasing by 16% to about $537m. The boat and superyacht retailer’s

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Wider and Northrop & Johnson sign North American partnership

Wider and Northrop & Johnson sign North American partnership

Northrop & Johnson will exclusively sell two of Wider’s yachts in a new partnership. The brokerage has the sole sales and management rights of the two models in North America. The two models, both at 170ft (52m) and 210ft (64m),

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MarineMax adds Berg and Langbehn to board

MarineMax adds Berg and Langbehn to board

MarineMax has elected chief digital officer, Shawn Berg and president of retail operations, Kyle Langbehn to its board. Berg has been the chief digital officer since April 2019. He joined MarineMax as vice president of technology in 2017. “With today’s

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MarineMax secures $1.35b loan

MarineMax secures $1.35b loan

MarineMax has secured loans of $1.35b to support its growth. The yacht retailer has increased its floor plan line by $250m from its existing arrangement and acquired $400m to finance the acquisition of IGY Marinas earlier this week. The debts

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MarineMax buys IGY Marinas for up to $580m

MarineMax buys IGY Marinas for up to $580m

MarineMax has bought Island Global Yachting (IGY Marinas), which owns 23 marinas worldwide, for $480m. Tom Mukamal, the CEO and IGY Marina’s senior management team will stay and have agreed to a two year earnout which could add $100m to

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