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MarineMax agrees $1.5 billion Safe Harbor buyout
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MarineMax agrees $1.5 billion Safe Harbor buyout

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  • MarineMax agreed to be acquired by Safe Harbor Marinas for $53 per share in cash, representing an enterprise value of approximately $1.5 billion.
  • The offer represents a 96% premium to MarineMax’s January 30, 2026 closing share price before acquisition interest became public.
  • The transaction is expected to close by the end of 2026, subject to shareholder approval and regulatory conditions.

MarineMax (NYSE:HZO) agreed to be acquired by Safe Harbor Marinas for $53 per share in cash, representing an enterprise value of approximately $1.5 billion and taking the company private.

The acquisition follows a strategic review process and compares with MarineMax’s closing share price of $27.03 on January 30, 2026, before public disclosure of an unsolicited acquisition proposal.

The transaction was unanimously approved by MarineMax’s board and is expected to close by the end of calendar year 2026, subject to customary closing conditions including regulatory approvals and shareholder approval.

MarineMax operates marinas, superyacht services and boat and yacht retail businesses, while Safe Harbor operates marina and superyacht service operations across the industry.

Safe Harbor Chief Executive Officer Baxter Underwood said the combination is expected to bring together complementary businesses and expand services for boaters.

If completed, MarineMax will become a privately held company and its common stock will no longer trade on the New York Stock Exchange.

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