M&A
confidence high
sentiment positive
materiality 0.65
MarineMax acquires Texas MasterCraft, a Dallas-area towboat dealer with >$45M 2020 revenue
MARINEMAX INC
- Texas MasterCraft generated over $45 million in revenue in 2020.
- Acquisition expected to be accretive in the first full year after closing.
- Texas MasterCraft is the world's largest MasterCraft dealer and serves the largest US towboat market.
- Jimmy Harvell and the existing team will continue to operate the two locations with MarineMax support.
- MarineMax (HZO) expands its Dallas area footprint to dominate the north Texas towboat market.