OneWater Marine agrees to acquire Denison Yachting for cash and ~$10M in stock

OneWater Marine Inc.

Deal includes cash and ~$10M in OneWater Class A common stock; expected close in fiscal Q3 2022.
Denison generated sales >$80M in CY2021; ranked #1 in global superyacht sales.
Adds 21 locations across 7 states, expanding superyacht brokerage, charter, management, and crew services.
Expected to be immediately accretive to revenue, operating margin, and EPS.
Denison is authorized dealer for Bertram, Beneteau, Monte Carlo Yachts, and other brands.

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