![]() Safe Harbor also announced today that funds managed by Guggenheim Partners and Weatherford Partners, two global investment and advisory firms, have made investments in the company. "We continue to pursue combinations with respected marina owners to further augment and grow the platform." ![]() "The Safe Harbor partnership was formed to bring industry leaders and stable assets together to create a powerful and lasting business," said Ryan Barnes, Chairman of Safe Harbor and Managing Director at American Infrastructure Funds. Safe Harbor was formed in 2015 by American Infrastructure Funds through the acquisition of three marina portfolios and an experienced management company. We will continue to grow both organically and through acquisitions to expand our reach and better serve our customers over the long-term." "This transaction represents a tremendous milestone for Safe Harbor and the marina industry. "Since the formation of Safe Harbor, our leadership team has built a great company and delivered exemplary results," said Mr. "As a result of this transaction, Safe Harbor will be able to leverage the scale and expertise of both companies, while generating operational and financial synergies as the first truly national platform of marinas in the United States." "It is an honor to partner with Brewer, a leader in our industry with a proven track record of delivering exceptional service to customers over more than fifty years," said Mr. In addition, Rives Potts, former Brewer President, has been appointed Safe Harbor's Chief Operating Officer. Underwood will succeed Marshall Funk, Safe Harbor's CEO and Co-Founder who has been named Chief Strategy Officer and remains a member of the company's board. In conjunction with the transaction, Safe Harbor has appointed its President, Baxter Underwood, to lead the newly combined company as Chief Executive Officer, effective immediately. "I remain fully engaged and committed to ensuring our new Safe Harbor family is successful in setting the industry standard for professionalism and customer service excellence for many years to come." ![]() "We are delighted to have found a partner that shares our values and long-term strategic vision," said Jack Brewer, founder of Brewer and a Safe Harbor board member. The financial details of the transaction were not disclosed. The transaction makes Safe Harbor the largest owner and operator of marinas in the world with 63 properties housing over 30,000 members' boats. ![]() Safe Harbor Marinas ("Safe Harbor") today announced that it has acquired Brewer Yacht Yard Group ("Brewer"), the iconic marina company led by industry veteran Jack Brewer. Combined company will be the largest owner and operator of marinas with 63 properties across 17 states ![]()
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