Sunseeker Secures New Ownership
KCP, in partnership with Lionheart Capital, is expected to enter an agreement to purchase 100% of Sunseeker shares.
KCP, in partnership with Lionheart Capital, is expected to enter an agreement to purchase 100% of Sunseeker shares.
Its Plant 7 manufacturing facility in St. Cloud, Fla., adds 25,000 square feet in support of several product initiatives.
The new site differentiates the builder’s saltwater lineup from its freshwater bass boats.
The deal for the Finnish builder, valued at $175 million, “establishes a global manufacturing footprint” for Malibu.
The Florida-based builder posted $14.8 million in net sales and said that dealer inventory has declined.
Kristie Olmeda will cover territory in Florida and Latin America for the rep agency.
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The survey gauges retail trends and other indicators among boat dealers.
Reuters is reporting that Blackstone and Centerbridge Partners “have expressed interest in buying [the] recreational yacht retailer,” as well as three other firms.
Dealers are navigating a host of challenges, but for some, interest rates are no longer the most pressing problem
In the RV industry, tech-training programs are adapting to keep pace as workforce shortages persist
The use of artificial intelligence in operations was a major topic of interest at the Association of Marina Industries Conference & Expo
Lifelong boater and former pro skier Chris Frank built this family business along the St. Lawrence River
Dealers are navigating a host of challenges, but for some, interest rates are no longer the most pressing problem
In the RV industry, tech-training programs are adapting to keep pace as workforce shortages persist
Yvan Eymieu, who has held senior international roles within the power catamaran segment, was named global commercial director.
The equipment manufacturer’s Ventura Series of compact exterior utility sockets was recognized for product design.
Donerail Group is reiterating its all-cash offer to buy the company, and is signaling that it will vote against reelecting CEO Brett McGill to the board.
The Italian builder met guidance with posted revenue of $1.45 billion, a 5% increase year-over-year.
The first edition of the yacht and marine equipment trade fair is scheduled for March 4-6 in Milan, Italy.
Most notably, Peter Barrett will take over as CEO, filling in Doug Smoker’s role after retirement.
The ABYC’s David Broadbent will work on the marine service technology portion of the organization’s annual workforce development event.
Startup Zone will be at the show in Barcelona, Spain, on March 10-11.
The stock sale produced gross proceeds of approximately $3 million.
Experts weigh in on the Supreme Court’s decision to strike down the Trump administration’s tariffs and next steps for the boating industry.
The acquisition creates a South Florida service and sales hub for the online boat marketplace.
The 66th edition of the show is scheduled for Oct. 1-6 in Genoa, Italy.
Levin Capital, a top 10 shareholder, wants an immediate review of strategic alternatives.
Mitch Feathers was most recently operations supervisor of outboard operations and demand planning initiatives.
The Superyacht Service Center in Ajman, UAE, will have deepwater berths, service bays and a 600-ton lift.
The marine business posted $1.2 billion in net sales in 2025, a 10% increase year-over-year.
