OneWater Maritime Inc. announced that it has arrived at an arrangement to get Denison Yachting, which will expand the Company’s existence into the superyacht class and ancillary yacht services choices, in addition to yacht brokerage and new boat product sales. The transaction is predicted to shut in the Company’s fiscal 3rd quarter.

“We are thrilled to welcome Bob Denison and his group into the OneWater loved ones, which expands and strengthens our presence in the superyacht and yacht groups,” claimed Austin Singleton, main govt officer for OneWater. “As we shift by way of the second fiscal quarter, we keep on to capitalize on file need and a increasing backlog. Orders at the Miami Boat present had been off the charts for both OneWater and Denison, which underscore our mixed place as the leading marine retailer of selection from superyachts and yachts to common boat income, pieces and provider. We glance ahead to improving our management placement in the market place in the coming yrs.”

Bob Denison, president of Denison Yachting said, “Strong customer demand from customers continues to gasoline our growth and strengthens our placement as market leaders through the United States, Europe and the Mediterranean. Denison’s crew of expert yacht brokers is unparalleled in the environment of yachting. Their determination to choose incredible care of clientele will be accelerated many thanks to OneWater’s tools, resources and assist. We are psyched to be joining the OneWater spouse and children and we glimpse ahead to what our shared potential holds.”

With 70-furthermore yrs of yachting record and abilities, Denison has proudly served for 3 generations as a chief in the yachting market. Denison generated income in surplus of $80 million in calendar yr 2021 and was ranked No. 1 in superyacht all over the world product sales primarily based on facts furnished by Boat Intercontinental. Denison is an approved seller for a quantity of prestigious makes including Bertram, Beneteau Sailing Yachts, Beneteau Convey GT’s, Swift Trawlers, Monte Carlo Yachts, Numarine, Alpha Marine and Excess Catamarans.