MarineMax to be Acquired by Safe Harbor for $53.00/Share in $1.5B All-Cash Deal
HZO has more than doubled off its 52-week low of $21.42.
Summary
MarineMax has entered into a definitive agreement to be acquired by Safe Harbor Marinas, a Blackstone Infrastructure portfolio company, for $53.00 per share in an all-cash transaction valued at approximately $1.5 billion.
Key Events · M&A and Partnerships · HZO
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Definitive Merger Agreement
MarineMax has agreed to be acquired by SHM Holdco, LLC, an affiliate of Safe Harbor Marinas and a Blackstone Infrastructure portfolio company.
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All-Cash Consideration
Shareholders will receive $53.00 per share in cash, without interest, for each outstanding share of common stock.
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Significant Premium
The $53.00 per share price represents a 96% premium to MarineMax's closing share price of $27.03 on January 30, 2026, the last trading day prior to public disclosure of an unsolicited proposal.
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Enterprise Value
The transaction has an approximate enterprise value of $1.5 billion.
Analysis · HZO · Trade & Services
MarineMax has entered into a definitive merger agreement to be acquired by Safe Harbor Marinas, a Blackstone Infrastructure portfolio company. This all-cash transaction offers shareholders $53.00 per share, representing a substantial premium over the company's unaffected share price. This event fundamentally alters the company's future, providing immediate and certain value to shareholders and transitioning MarineMax into a privately held entity.
At the time of this filing, HZO was trading at $52.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $788.1M. The 52-week trading range was $21.42 to $38.14. This filing was assessed with positive market sentiment and an importance score of 10 out of 10.