Lake Norman Marina, Inc.
Classification
Private
About
About
Lake Norman Marina, Inc. is a company in the marine industry. With a focus on providing comprehensive marine services, the company has established itself as a premier destination for boat enthusiasts and watercraft aficionados. The marina offers a wide array of services, including boat sales, rentals, storage, maintenance, repair, and accessory sales. Their commitment to customer satisfaction, along with their prime location and top-notch facilities, positions Lake Norman Marina as a prominent player in the regional boating and recreational watercraft market. Product Breakdown: Boat Sales: Lake Norman Marina offers a diverse inventory of new and used boats, catering to various preferences and budgets. These range from pontoon boats, fishing boats, speedboats, and luxury yachts, sourced from reputable manufacturers. Boat Rentals: To accommodate visitors and locals who prefer temporary access to boats, the marina provides rental services. This allows individuals to experience the thrill of boating without the commitment of ownership. Storage Services: The marina offers secure storage facilities for boats, providing both wet slips and dry stack storage options to ensure the safety and preservation of customers' watercraft when not in use. Maintenance and Repair: Lake Norman Marina's skilled technicians offer maintenance and repair services, ensuring boats remain in top condition. This includes engine maintenance, detailing, fiberglass repairs, and other technical services. Accessories and Parts Sales: Complementing their boat services, the marina sells a wide range of accessories and parts. From safety equipment, navigation tools, to water sports accessories, customers can find various products to enhance their boating experience.
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private