Beverage Dynamics

Sep 15, 2023

September 7, 2023 OneWater Marine Inc. announced that it has acquired Harbor Pointe Marina, which further expands the Company’s presence on Alabama’s Lake Martin and enhances new and pre-owned boat sales, finance, and parts and services offerings. “Harbor Pointe Marina presents an exciting, low-risk opportunity to assume a dealership operation at virtually no cost. Furthermore, OneWater’s proven dealership integration and growth strategies enables us to expand the product offering available to Harbor Pointe Marina’s customers and broaden our reach in an attractive boating market,” said Austin Singleton, Chief Executive Officer for OneWater. “The M&A environment continues to pick up steam, and we are in a position of strength as we opportunistically build on our strong track record of successful acquisitions.” Harbor Pointe Marina is an on-water facility located in Dadeville, Ala. Post acquisition, OneWater intends to offer Bennington Pontoons and Regal Boats. In addition to new and pre-owned boat sales, Harbor Pointe Marina offers service and repair, parts and accessories, boat rentals, and a large boat storage facility. Under the terms of the agreement, OneWater acquired the net assets of the dealership operation, excluding the real estate as well as the boat inventory, which will be taken on a consignment basis, resulting in minimal capital outlay. Harbor Pointe Marina generated approximately $5.8 million in sales in 2022. Share this: Comment * Δ EPG Media LLC privacy@epgmediallc.com EPG Media LLC wants you to have a positive experience in connection with our products and services. We want you to know that we respect the privacy and security of our users. Our goal is to provide you with an experience that delivers the information, resources and services that are helpful to you. In order to achieve this goal, we may collect information from you. We discuss our information collection practices below. This Privacy Policy sets forth the privacy principles we follow, in accordance with our operations. This Privacy Policy sets forth the privacy practices with respect to your information when you use our software, mobile applications and services (“Services”). If you do not agree to these terms, do not use the services. This privacy policy (this “Policy”) describes the personal information we may collect from you, the purposes for which we collect it, how we use it and when we may share it with third parties. This Policy also describes the choices you can make about how we collect, use and disclose your information when you provide it to us on any EPG Brand Acceleration properties will not collect, use or disclose your personal information other than in compliance with this Policy. By using the any of our websites and/or making online requests of products, you agree to the terms and conditions of EPG’s Policy. If our Policy changes in the future, we will notify our customers and website users of any such changes by posting an updated policy on our website. Following the posting of such non-material changes, your continued use of any EPG’s websites will constitute your acceptance of these changes and you will be bound by such changes. If you do not continue to use the EPG’ websites following a change to our Policy but take no other action with respect to your personal information, our use of that information will remain subject to our Policy as it was in effect prior to the change. You are responsible for regularly reviewing this Policy and any changes thereto. We may offer you the ability to connect with our websites or use our applications, services, and tools using a mobile device, either through a mobile application or via a mobile optimized website. The provisions of this Policy apply to all such mobile access and use of mobile devices. This Policy will be referenced by all such mobile applications or mobile optimized websites. Read the full policy here: https://epgacceleration.com/privacy-policy/ OK