Port 32 Marinas and Acme Marinas last week announced a merger of their facilities along the Atlantic and Gulf coasts. The new entity of 17 locations with 4,000 slips will establish a broader presence in such destinations as Martha’s Vineyard, Sag Harbor, Cape Cod, Annapolis and Sanibel Island.
“The combination with Acme Marinas accelerates our vision to build a leading coastal marina platform,” said Port 32 CEO Austin Schell, who will also serve as CEO of the combined organization, in a statement. “By bringing together complementary portfolios, additional talent and a shared commitment to service excellence, we are creating a stronger organization that will deliver greater value to our members, shareholders and employees.”
The Acme team will continue in key leadership roles for the combined platform, with Stephen Shaw serving as chief investment officer and Shelby Tucker as chief financial officer and chief administrative officer.
“What drew us to Port 32 was the quality of its marinas, the strength and complementary nature of its team, and its high standards for customer service,” Tucker and Shaw, co-presidents of Acme Marinas, said in the statement. “Their focus on infrastructure quality, operational excellence and the boating experience made this the right combination for our portfolio and for the members who call our marinas home.”
