BlueWater Marinas has acquired Bayside Marine located in Duxbury, Massachusetts, US.
The marina is the fifth to be acquired by Bain Capital and BlueWater as part of their joint venture.
Bayside Marine has been owned and operated by the Kent family since 1949 and is situated in one of Massachusetts’ most affluent and supply-constrained coastal markets.
The property serves as a launch point for fishing and cruising across the South Shore and greater Cape Cod region.
Bayside operates as a full-service, one-stop destination for customers’ boating needs, including storage, service, and boat sales as an authorised Grady-White dealer.
Bayside Marine is a highly respected, deeply rooted business within the New England boating community.
Joe Miller
“Bayside represents a compelling opportunity to invest in a high-quality, full-service marina that expands our presence in the Northeast,” said Andrew Terris, partner at Bain Capital Real Estate.
“This asset pairs well with our acquisition of Glyn’s Marine on Nantucket and reflects our strategy of building a portfolio of outstanding marina properties along the East Coast.”
Joe Miller, principal at BlueWater Marinas, added: “Bayside Marine is a highly respected, deeply rooted business within the New England boating community.
“The property’s wide scope of services, attractive location, and multi-generational legacy align well with our approach to investing in high-quality marina operations in key coastal markets.
“We look forward to supporting the Kents and their team in continuing to deliver exceptional customer experience as they stay on to lead the day-to-day operations of the business.”
