BUFORD, Ga., Oct. 04, 2021 (GLOBE NEWSWIRE) — OneWater Marine Inc. (NASDAQ: ONEW) announced today that it has completed the previously announced acquisition of Naples Boat Mart. The acquisition enhances the Company’s presence on the West Coast of Florida and expands new and pre-owned boat sales, storage, service and repair, and finance and insurance offerings.
“We continue to execute on our M&A strategy and are delighted to officially welcome Philip Osborne and the Naples Boat Mart team into the OneWater family. We are excited about enhancing our footprint on the West Coast of Florida and driving growth across multiple revenue streams for the Company, as a result of this acquisition,” said Austin Singleton, Chief Executive Officer for OneWater.
About OneWater Marine Inc.
OneWater Marine Inc. is one of the largest and fastest-growing premium recreational boat retailers in the United States. OneWater operates 71 stores throughout 11 different states, eight of which are in the top twenty states for marine retail expenditures. OneWater offers a broad range of products and services and has diversified revenue streams, which include the sale of new and pre-owned boats, parts and accessories, finance and insurance products, maintenance and repair services and ancillary services such as boat storage.
