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Recent Updates — HZO

August 10, 2026View Source ↗

On August 9, 2026, MarineMax entered into a definitive merger agreement to be acquired by Safe Harbor Marinas, an affiliate of Blackstone Infrastructure. Under the all-cash transaction valued at approximately $1.5 billion enterprise value, shareholders will receive $53.00 per share. The Board unanimously recommended the deal following a strategic review process and received a fairness opinion from Wells Fargo Securities. Closing is expected by the end of 2026, subject to shareholder approval and customary regulatory conditions including Hart-Scott-Rodino clearance. Upon completion, MarineMax will become a wholly-owned subsidiary and its common stock will be delisted from the New York Stock Exchange. The company operates as a recreational boat and yacht retailer, marina operator, and superyacht services provider.

July 23, 2026View Source ↗

MarineMax, Inc. reported fiscal 2026 third quarter results with revenue of $611.3 million, a 7.0% decline from the prior-year period, despite gross margin expansion of 530 basis points to 35.7%. Net income was $15.4 million, or $0.66 per diluted share, compared to a net loss of $52.1 million in the prior-year period. The company successfully completed the refinancing of its $1.49 billion senior secured credit facilities, extending maturities to 2031. MarineMax, Inc. operates as a recreational boat and yacht retailer, marina operator, and superyacht services company.

June 30, 2026View Source ↗

MarineMax, Inc. refinanced its existing $950 million floor plan facility with a new credit facility that maintains the $950 million floor plan capacity and adds a $150 million revolving credit facility, a $302.5 million term loan facility, and an $85 million delayed draw mortgage loan facility. All facilities mature in June 2031. Interest rates are based on SOFR plus a margin of 3.25% for the floor plan facility and a margin of 1.50% to 2.0% for the revolving and term loan facilities. MarineMax, Inc. operates in the recreational boat industry as a retailer of boats and related equipment.