OneWater Marine has acquired Spend-A-Day Marina in Russells Point, Ohio, for an undisclosed amount. The marina, founded in 1950, had revenues last year of US$20m, according to a statement.
Jim and Roseann Reed will continue to lead the day-to-day operations under the Spend-A-Day Marina name. The company has a sales, service and resort community on Indian Lake in Ohio.
“We are excited to welcome Spend-a-Day Marina to our portfolio as we continue to focus on adding freshwater marinas,” said Austin Singleton, CEO of OneWater Marine Holdings, in the statement. “They have proven to be a market-leader with a stellar reputation for customer service.”
The marina also sells Bennington, JC and Godfrey pontoons, Yamaha Sport Boats and Watercraft, and Sea Ray sport boats, as well as Yamaha, Mercury, Suzuki, and Honda outboards.