M&A
confidence high
sentiment positive
materiality 0.65
MarineMax acquires superyacht management firm SYM; expects first-year accretion
MARINEMAX INC
- Acquired Superyacht Management (SYM), a superyacht management company based in Golfe Juan, France.
- SYM will operate under Northrop & Johnson, which MarineMax acquired in 2020.
- Deal expected to be accretive in its first full year; no purchase price disclosed.
- Expands MarineMax's superyacht services: building, crewing, chartering, and management.
- CEO Brett McGill says acquisition strengthens higher-margin, global service diversification.