Get alerts on this situation
We’ll email you as it develops, and you can follow the whole thread from day one.
Unsubscribe anytime.
[SITUATION] · [ACTIVE]
3 clusters · 10 sources · 11 days · First seen · Last updated
Categories: BUSINESS
MarineMax acquisition interest
Entities: Centerbridge · Blackstone · Clearwater, Florida · Donerail · MarineMax
Overview
In mid‑July 2026, MarineMax (NYSE:HZO) earned a consensus “Moderate Buy” rating with a 12‑month price target of $33 and institutional ownership climbing to roughly 93% of the float. Within a week, private‑equity firms Blackstone, activist hedge fund Donerail and Centerbridge entered the final round of bids to acquire the Clearwater‑based yacht retailer.
Valuations in the bidding process ranged from about $725 million to an all‑cash proposal of roughly $1 billion. Donerail, which had pushed for a sale the previous year, first submitted its $1 billion offer in February and later sought to raise it. Blackstone joined the process after MarineMax formally solicited bids in April, leveraging its infrastructure arm’s recent $5.7 billion acquisition of Safe Harbor Marinas in 2025. Centerbridge also remained in contention.
MarineMax’s shares were trading near $33.30, up about 37 % year‑to‑date but still roughly 50 % below their 2021 peak. The company has not confirmed any definitive sale, though board changes have been noted amid the heightened acquisition interest.
Timeline
-
about 21 hours ago
[BUSINESS] 2 sourcesBlackstone, Donerail and Centerbridge vie for MarineMax in final bidding roundBlackstone, activist fund Donerail and Centerbridge are final bidders for US yacht retailer MarineMax, a $725 million company with 65 marinas, as it pursues a sale amid board changes and strong sector interest.
-
4 days ago
[BUSINESS] 6 sourcesMarineMax attracts final bids from Blackstone, Donerail and CenterbridgeBlackstone, Donerail and Centerbridge are final bidders for MarineMax, the U.S. yacht retailer valued at $725 M, amid broader marina‑industry consolidation.
-
12 days ago
[BUSINESS] 2 sourcesMarineMax and Ziff Davis receive new analyst ratings and institutional activityMarineMax received a Moderate Buy consensus rating; Ziff Davis earned a Hold rating, with notable insider sales and high institutional ownership for both firms.
Sources
hedgeweek.com · mommygearest.com · paparazzi.com.ar · privateequitywire.co.uk · stocknews.com · wdez.com · wixx.com · wkzo.com · wsau.com · wvfm1065.com