OneWater Acquires Taylor Marine Centers
Published on August 25, 2022OneWater Marine Inc. has reached an agreement to acquire Taylor Marine Centers, which will further expand the company’s presence in the Mid-Atlantic U.S. and enhance new and pre-owned boat sales, finance, and parts and services offerings. The transaction is expected to close in the next 90 days.
“Taylor Marine Centers is another great addition to the OneWater family. This acquisition complements our recent acquisition of Norfolk Marine as we continue to expand our geographic presence in the Mid-Atlantic U.S. and integrate high-performing dealerships into our successful portfolio,” said Austin Singleton, chief executive officer for OneWater.
Taylor Marine Centers is a third-generation, family-owned and operated business that has been serving boaters in the Delmarva Peninsula for over 50 years. The Van Rees family has long-standing relationships with customers and premier boating brands including Boston Whaler, Grady White, Regal, and World Cat. Taylor Marine Centers generated approximately $29 million in sales over the past twelve months and offers premier service from its factory trained technicians at their two locations.
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