MarineMax Acquires Pioneering Digital Platform
MarineMax, Inc. (NYSE: HZO), the nation's largest recreational boat and yacht retailer, today announced that it has acquired Boatyard, a pioneering on-demand digital platform, to enhance the experience of boating. Through this disruptive technology acquisition, MarineMax seeks to transform the boating experience, saving time and creating a whole new way for boat owners to enjoy their passion. The new MarineMax Customer Experience Platform will be led by Boatyard Founder and CEO Nathan Heber, who will become President of Boatyard at MarineMax.
W. Brett McGill, Chief Executive Officer and President of MarineMax, Inc., stated, “As MarineMax continues to leverage its investments in technology, the addition of Boatyard will be a key focus for the organization. We believe this digital platform can become an accelerator in MarineMax’s evolving strategy to enhance and further transform the boating experience. I look forward to Nathan and his team building on our digital experience for our customers, and to continue bringing innovative solutions to our industry.”
“The leadership Nathan and his team bring, along with their tremendous passion to enrich the boating experience through technology, will further enhance MarineMax’s exceptional engagement with boat owners. There is significant pent-up demand for the types of solutions Boatyard brings to this industry and that make the boat ownership experience easier and more accessible,” concluded Mr. McGill.
“I have long admired the MarineMax commitment to innovation to transform the boat industry and make it more accessible and efficient. I am thrilled to be joining the MarineMax team and to leverage their industry leadership and resources to enable us to build upon our product capabilities,” commented President of Boatyard Nathan Heber.
Boatyard will remain an independent brand while also continuing to enhance the digital boating experience for MarineMax customers. Terms of the transaction were not disclosed.
The disruptive Boatyard digital platform seeks to eliminate the confusion, guesswork and stress of boating, making it accessible and easy for customers to have an exceptional experience. The Boatyard digital platform will include an expansive range of on-demand services to streamline the boating experience by qualified service providers with only a few clicks on a smartphone. Named to Boating Industry Magazine’s “Top Products of 2015” list, the Boatyard digital platform enables boat owners to take back their free time by curating the best services and offering excellent communication to ensure users always receive an exceptional experience.