Sea Tow yesterday announced that Marina Holdings CEO Steve Arnold purchased its Portland/Midcoast Maine towing operation. Under the new ownership, the company is expanding its territory to include Sebago Lake, Brandy Pond and Long Lake.

“We are thrilled to add Sea Tow Portland/Midcoast to our family of businesses,” Arnold said in a statement. “With this addition, customers can count on us for all their boating needs, including sales, slips, service, storage, rentals, boat club, boat training, on-water transportation and now towing and salvage.

“Keeping on the same Sea Tow management team, who have successfully operated the franchise for many years, will help ensure that we maintain the same level of exceptional service our customers know they can rely on,” he added.

According to the statement, Capt. Bruce White will stay on as an ambassador, and Capt. Chris Davis will assume the role of general manager. Several other employees will maintain their current roles.