M&A · Industrials · Retail-Auto & Home Supply Stores
Safe Harbor Marinas, LLC to acquire MarineMax Inc
Announced Aug 10, 2026 · Pending Sep 22, 2026
Deal value$1.50BEV $1.50B
Premium96.0%To unaffected price
EV / Adj. EBITDA7.5x0.7x EV / Revenue
ConsiderationAll cash$53.00 per share
Transaction
- Acquirer
- Safe Harbor Marinas, LLC
- Target
- MarineMax Inc (HZO)
- Buyer type
- Strategic
- Offer price per share
- $53.00
- Enterprise value
- $1.50B
- Status
- Pending Sep 22, 2026
Deal protections
- Break fee (target pays)
- $31.6M · 2.1%
- Reverse fee (buyer pays)
- —
- Go-shop
- No-shop
- Financing
- Committed · Wells Fargo
Advisors
- To the acquirer
- Evercore
- To the target
- Wells Fargo
- Wells Fargo fee
- $27.9M
Sector context · Industrials
- Comparable deals
- 98 in the prior 24 months
- Premium
- 96.0% vs. 37.0% sector median
- EV / Adj. EBITDA
- 7.5x vs. 11.6x sector median
- Break fee
- 2.1% vs. 2.8% sector median
Timeline
- AnnouncedAug 10, 2026
- Proxy filedSep 22, 2026
- Definitive proxyOct 2, 2026
- Shareholder votePending
- ClosedPending
Valuation · fairness opinions
Trading comparables$26.06$36.67
Offer $53.00
Implied value per MarineMax Inc share by analysis, from Wells Fargo.