Simpson Thacher is representing Safe Harbor Marinas (“Safe Harbor”), a Blackstone Infrastructure portfolio company, in connection with its announced acquisition of MarineMax, Inc. (“MarineMax”). Under the terms of the agreement, Safe Harbor will acquire all issued and outstanding shares of common stock of MarineMax for $53.00 per share in cash. The all-cash transaction represents an enterprise value of approximately $1.5 billion and is expected to close by the end of the calendar year 2026, subject to customary closing conditions, including certain regulatory approvals and the approval of MarineMax’s shareholders.
MarineMax is a marina operator, superyacht services company and boat and yacht retailer, with over 120 locations worldwide, including over 70 dealerships and 65 marina and storage facilities.
The Simpson Thacher team included Anthony Vernace, Michael Chao, Malik Ladhani, Victoria Landale, Michel Stuebi, Matt Suhosky and Grace Stevens (M&A); Danielle Jackson, Robert Vogel, Adam Brunk, Ryan Kesselring, Lisa Chan, Lachlan Paterson, Samer Ashur, Philip Titcomb, Tara Martin-Chen, Anne Mummery, Margaret Brown and Benjamin Wackerman (Real Estate); Whitney Salinas, Christopher Brown, Justin Vilinsky, Elizabeth Kates and Sean Xu (Financing); Gregory Grogan and Jana Hymowitz (Executive Compensation & Employee Benefits); Jonathan Goldstein, Jodi Schneider, Preston Irace and Joshua Murphy (Tax); Peter Guryan, Josh Buckland, Richard Jamgochian, Marija Momic and Antti Kunnari (Antitrust); Grace Boos and Max Tranter (International Disputes); Ron Ben-Yehuda (Intellectual Property); and Steven DeLott and Jared Wilner (Insurance).