OneWater Marine has completed the acquisition of American Yacht Group, further expanding the company’s presence in the Southeastern US.
Under the terms of the agreement, OneWater has acquired both American Yacht Group’s dealership operations – in Fort Lauderdale and Jupiter, Florida – and also becomes the exclusive dealer of HCB Yachts in the key boating states of Alabama, Florida, New York and North Carolina.
“American Yacht Group is a powerful addition to our portfolio, expanding our premium yacht offerings and strengthening our position in the luxury marine market,” said Austin Singleton, OneWater CEO.
“The strategic transaction also adds HCB Yachts to our product lineup with exclusive dealership rights in Alabama, Florida, New York, and North Carolina, expanding our portfolio and commitment to delivering the best in boating.
American Yacht Group is a powerful addition to our portfolio.
Austin Singleton
“We are eager to deploy our proven integration playbook and realize the significant upside from this transaction.”
American Yacht Group provides an exclusive, high-end experience for yacht buyers.
In 2024, the organisation generated around $75 million in sales.
OneWater says the transaction represents an ‘exclusive and strategic fit’, with financially prudent terms, that aligns with the company’s long-term plans.
OneWater Marine offers new and pre-owned boat sales, finance and insurance, and parts and services offerings.
The company operates almost 100 retail locations, nine distribution and warehouse centers and online marketplaces in 19 different states.
