MarineMax’s Acquisition Of SkipperBud And Silver Seas Yachts

Holland & Knight LLP advised MarineMax, Inc. on the deal.

MarineMax, Inc. (NYSE: HZO), the nation’s largest recreational boat and yacht retailer, announced its acquisition of SkipperBud’s and its affiliate, Silver Seas Yachts. The acquisition, which was announced on Oct. 1, significantly grows MarineMax’s presence in the Great Lakes region and the West Coast of the United States.

With the acquisition, MarineMax adds 20 locations in Wisconsin, Michigan, Illinois, Ohio, California, Washington and Florida, as well as 11 marina and storage facilities. Fiscal 2019 revenue for SkipperBud’s was $220 million, making this the largest acquisition for MarineMax to date.

Headquartered in Clearwater, Florida, MarineMax currently has 77 retail locations throughout the U.S. MarineMax also owns Fraser Yachts Group and Northrop & Johnson, leading superyacht brokerage and luxury yacht services companies with operations in multiple countries.

The Holland & Knight team was led by Partners Bob Grammig (Picture), Alyse Latour, Michael Mills, Robert Warram, John Dierking, Jack Levine, Elizabeth Burkhard, Marc Druckman and Bernard Barton; Senior Counsel Christine Gay; Consulting Counsel Stacey Watson May; and Associates Gabriella Guariniello, Kendall Wilson, Lindsey Grubbs, Alessandria San Roman, Ashley Panaggio and Kaitlin Cawley.

Involved fees earner: Bernard Barton – Holland & Knight; Elizabeth Burkhard – Holland & Knight; Kaitlin Cawley – Holland & Knight; John Dierking – Holland & Knight; Marc Druckman – Holland & Knight; Christine Fuqua Gay – Holland & Knight; Robert Grammig – Holland & Knight; Lindsey Grubbs – Holland & Knight; Gabriella Guariniello – Holland & Knight; Alyse Latour – Holland & Knight; Jack Levine – Holland & Knight; Michael Mills – Holland & Knight; Ashley Panaggio – Holland & Knight; Alessandria San Roman – Holland & Knight; Robert Warram – Holland & Knight; Stacy Watson May – Holland & Knight; Kendall Wilson – Holland & Knight;

Law Firms: Holland & Knight;

Clients: MarineMax, Inc.;

Author: Ambrogio Visconti