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Blackstone, Safe Harbor Marinas

Hosted on MSN · 3d

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.

Wall Street Journal · 4d

Sun Communities to Sell Marinas Business to Blackstone for $5.65 Billion

The all-cash purchase of Safe Harbor Marinas by affiliates of Blackstone Infrastructure is expected to close in the second quarter.

YAHOO!Finance · 4d

Blackstone Infrastructure to Acquire Safe Harbor Marinas in $5.65B Transaction

Blackstone (NYSE: BX) announced today that funds managed by Blackstone Infrastructure ("Blackstone") have agreed to acquire Safe Harbor Marinas ("Safe Harbor"), the largest marina and superyacht servicing business in the United States,

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 ...

4d

Blackstone to acquire Safe Harbor from Sun Communities for $5.65B

Blackstone (BX) announced that funds managed by Blackstone Infrastructure have agreed to acquire Safe Harbor Marinas from Sun Communities (SUI) ...

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