All cash offer, Safe Harbor to acquire MarineMax in $1.5B

MarineMax, Inc. (HZO), a marina operator, superyacht services company, and boat and yacht retailer, has agreed to be acquired by Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, in an all-cash transaction valued at approximately $1.5 billion.

Under the terms of the definitive agreement, Safe Harbor will pay $53.00 per share for all issued and outstanding shares of MarineMax common stock. The purchase price represents a 96% premium to MarineMax’s closing share price of $27.03 on January 30, 2026, the last trading day before public disclosure of an unsolicited non-binding acquisition proposal. It also represents a 110% premium to the company’s 90-day volume weighted average price for the period ended January 30, 2026.

The transaction was unanimously approved by MarineMax’s board of directors following a competitive strategic review process. Board chairperson Rebecca White said the board “unanimously concluded that this transaction is in the best interests of MarineMax and its shareholders.”

The deal is expected to close by the end of calendar year 2026, subject to regulatory approvals and MarineMax shareholder approval. The closing is not subject to a financing condition.