Blackstone Finalizes $1.5B Acquisition of MarineMax in an All-Cash Transaction
In a remarkable deal of the summer, MarineMax, Inc. (NYSE: HZO) — a leading marina operator, superyacht services provider, and boat retailer — has consented to be acquired by Safe Harbor Marinas, a portfolio company of Blackstone Infrastructure Partners, in an all-cash transaction valuing MarineMax at approximately $1.5 billion.
The deal, announced on August 9–10, 2026, allows MarineMax shareholders to receive $53.00 per share in cash — a remarkable 96% premium to the company’s closing price of $27.03 on January 30, 2026, and a 110% premium to its 90-day volume-weighted average price. Following the news, MarineMax shares skyrocketed by 46%.
Safe Harbor Marinas, the world’s largest owner and operator of marinas, has a network that spans the United States, the Caribbean, and the Mediterranean. The acquisition of MarineMax — which operates 65 marinas and storage locations and 70 dealerships across the U.S. — will significantly expand this platform by adding a national retail presence and superyacht service capabilities.
The transaction received unanimous approval from MarineMax’s board after a competitive strategic review process. Upon closing — expected by year-end 2026, subject to regulatory and shareholder approvals — MarineMax will transition into a wholly owned private subsidiary of Blackstone and will be delisted from the New York Stock Exchange.