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Blackstone Buys Superyacht and Marina Servicer

Hosted on MSN · 2d

Blackstone paying $5.6 billion to buy Safe Harbor Marinas

Private equity giant Blackstone has agreed to acquire Safe Harbor Marinas, a Dallas-based marina and superyacht servicing company, for $5.65 billion from Sun Communities. Why it matters: This is a reminder that the pandemic-era boating boom didn't sink.

Bloomberg L.P. · 3d

Blackstone Buys Superyacht and Marina Servicer for $5.65 Billion

A unit of Blackstone Inc. agreed to acquire a marina and yacht servicing business for $5.65 billion in a bet on US boaters.

Blackstone to snap up marina and superyacht serving firm Safe Harbor Marinas for $5.65bn

Blackstone Infrastructure has agreed to acquire Safe Harbor Marinas, a Dallas-based marina and superyacht serving business, for $5.65 billion. The seller is Sun Communities Inc. Gary Shiffman serves as chairman and CEO of Sun.

Blackstone Buys Marina Portfolio in $5.7B Deal

Blackstone Infrastructure has agreed to acquire the Safe Harbor Marinas portfolio from Sun Communities for $5.65 billion in ...

2don MSN

This Top-Performing Investment's Big Splash Is Paying Off via a $1.3 Billion Windfall Profit

Sun Communities (NYSE: SUI) made a big splash during the pandemic. The real estate investment trust (REIT) expanded its niche ...

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