A joint venture between Bain Capital and Bluewater Marinas yesterday announced its acquisition of Boathouse Marine Center, a drystack facility in Pompano Beach, Fla.

“Consistent with Bain Capital’s thematic, customer-oriented investment approach, the marina sector benefits from several long-term secular growth drivers, including very high structural supply barriers, increased consumer spending on experiences, and sustained demand for larger boats,” Andrew Terris, a partner at Bain Capital, said in a statement.

Bluewater Marine Center is the second asset for the Bain and Bluewater joint venture, formed in 2024 to acquire and operate storage-centric marina properties along the East Coast. The firms also own Harbor at Lemon Bay, a drystack marina in Englewood, Fla.