---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-22-028843"
form_type: "8-K"
ticker: "ONEW"
cik: "0001772921"
company_name: "OneWater Marine Inc."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:13:11.701331+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# OneWater Marine completes $124.4M acquisition of Ocean Bio-Chem; obtains $510M credit facility

## Summary
- Acquired Ocean Bio-Chem for approx. $124.4M in cash ($13.08/share), adding marine parts & accessories.
- Also acquired Star Brite Europe from OBCI's CEO for $7M and related real property; both were conditions to the main deal.
- Funded with cash on hand and a new $510M credit facility ($445M term loan + $65M revolver, due 2027).
- The A&R Credit Facility includes $125M accordion and interest rates of SOFR + 1.75-2.75% based on leverage.
- OneWater expects to expand market share and drive margin expansion in the marine parts and accessories business.

## SEC filing metadata
- accession: 0001140361-22-028843
- form_type: 8-K
- ticker: ONEW
- cik: 0001772921
- company_name: OneWater Marine Inc.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1772921/000114036122028843/0001140361-22-028843-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1772921/000114036122028843/brhc10040519_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-22-028843
- JSON: https://secwatch.observer/filing/0001140361-22-028843.json
- Plain text: https://secwatch.observer/filing/0001140361-22-028843.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.