• MarineMax shares are testing new highs. What’s driving HZO to record levels?

What Is MarineMax’s Acquisition Deal?

Safe Harbor, a Blackstone Infrastructure portfolio company, agreed to acquire MarineMax for $53 per share in cash, valuing the transaction at about $1.5 billion.

The offer represents a 96% premium to MarineMax’s Jan. 30 closing price of $27.03 and a 110% premium to its 90-day volume-weighted average price through that date.

Deal Approval and Closing