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2 minute read
THE EARLY 2000s
2007
Rising Tides
During the early 2000s, MarineMax expanded by increasing its dealerships and locations.
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Fun Fact: Mercury introduced its FourStroke Verado outboard in 2004.
Spreading Like Water
By 2007, the company grew to include several locations and exceeded $1.2 billion.
2006 2009
A Benchmark Reached
In the summer of 2006, MarineMax reached $1 billion in sales revenue.
Navigating a Sinking Economy
Although the great financial crisis hit, MarineMax weathered the storm and emerged stronger.
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Fun Fact: According to an article on boattrader.com, a study from Foresight Research showed online content influenced 84% of new boat buyers to make a purchase.
Panhandle Expansion and
Charter Vacations
• MarineMax acquires Treasure Island Marina in Panama City, FL, in March.
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• In October, MarineMax Vacations and charters in the British Virgin Islands were introduced.
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2013
MarineMax expands in Connecticut
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MarineMax expands its brand portfolio with Ocean Alexander yachts.
Recognition in the British Virgin Islands
In October, MarineMax was named the “Best BVI Yacht Charter Company.”
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2015 2017 2016 2018
Hall Marine is Acquired, and a New Leader is Appointed
• MarineMax completes the acquisition of Hall Marine Group in North & South Carolina. In October, MarineMax promoted Brett McGill to Chief Executive Officer and President.
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Galeon and More Acquisitions
• In January, MarineMax became the exclusive dealer for Galeon Yachts in the Americas.
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• In February, MarineMax acquired Bahia Mar Marina in Pensacola, Florida.
• MarineMax acquired Russo Marine in April.
An Island of a Purchase & 20 Years
• In January, MarineMax purchased Island Marine Center in New Jersey.
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• MarineMax celebrates its 20th anniversary.
Fun Fact: According to the NMMA’s 2018 U.S. Recreational Boating Statistical Abstract, the estimated amount of registered and unregistered boats in use in 2018 was 15.8 million.
2019 2021
Full Steam Ahead
• Cruising into 2021, MarineMax became the world’s largest boat and yacht retailer.
• Cruisers Yachts, an iconic American-made luxury boat brand, joined the family in May.
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• Intrepid Powerboats also became part of MarineMax in November.
Waters of Diversification
• In April, MarineMax acquired Sail & Ski Center locations in Texas.
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MarineMax enters the superyacht service business with Fraser Yachts in July.
More Locations and Manufacturing
• Nisswa Marine joins the family in July.
• In November, Texas MasterCraft became MarineMax Texas MasterCraft.
2020
Beyond the Dock During the Pandemic
• In March, MarineMax increased its technological footprint with Boatyard.
• Insurance services became part of the portfolio with Private Insurance Services, Inc. in July.
• The acquisition of Northrop & Johnson became official in July.
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• SkipperBud’s and its affiliate Silver Seas Yachts joined MarineMax in October.
Fun Fact: When the COVID-19 pandemic unfolded, MarineMax’s revenue soared to $1.51 billion.
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Technology & Present Times
• To enhance its technology services, in January, MarineMax acquired Boatzon.
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• MarineMax acquired C&C Boat Works in Crosslake, Minnesota, in June.
An Eye on the Future of Superyacht Services and Marine Operations
• In April, MarineMax closed a deal with Superyacht Management Services.
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• MarineMax acquired Island Global Yachting LLC (“IGY Marinas”) in October.
• In December, MarineMax acquired Midcoast Marine Group, LLC.
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Fun Fact: Since 2019 to this date, MarineMax had 14 acquisitions!
#SHOWUSYOURBURGEE
CELEBRATE WITH US FOR A CHANCE TO WIN PRIZES!
Snap a picture of you and your MarineMax burgee on your boat, on vacation, or while celebrating our 25th anniversary with us!
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Share it on social media using the hashtag #ShowUsYourBurgee
Keep an eye out for a chance to win prizes all summer long!*
*Check MarineMax.com for more details.
Don’t have a burgee? Stop by your local MarineMax to get yours!