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 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,
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 Infrastructure has agreed to acquire the Safe Harbor Marinas portfolio from Sun Communities for $5.65 billion in ...
Sun Communities REIT will sell Safe Harbor Marinas to Blackstone Infrastructure in a $5.7B all-cash transaction.
Blackstone Inc. is buying a Dallas-based marina operator and paying more than twice what it was valued when Tampa private equity firm Weatherford Capital sold the company a few years ago.
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Sun Communities (NYSE: SUI) made a big splash during the pandemic. The real estate investment trust (REIT) expanded its niche ...
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