South Florida Intercoastal

Member News - MarineMax

By: MIASF Staff

Date posted: Oct 21, 2020 Wed

MarineMax Inc. announced the acquisition of Skipper Bud’s, significantly growing its presence in the Great Lakes region and the West Coast. Skipper Bud’s is one of the largest sales, brokerage, service, and marina/storage groups in the world. Fiscal 2019 revenue for Skipper Bud’s was $220 million, making this the largest acquisition for the company to date, adding 20 locations and bringing the group’s total retail outlet count to 77. The shareholders of Skipper Bud’s will remain as its operators. With the acquisition, MarineMax adds 20 locations in Wisconsin, Michigan, Illinois, Ohio, California, Washington, and Florida. Additionally, the acquisition strengthens MarineMax’s premium real estate holdings with the addition of 11 marina and storage facilities, nearly doubling the company’s marina portfolio.