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MarineMax

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MarineMax is a publically listed boating and yachting industry company with investments in retail, yacht services, and marinas.

History

MarineMax was founded by Bill McGill Jr. in 1998 in cooperation with a number of boat dealers.[1]

In 2021 Island Global Yachting (IGY) was purchased by MarineMax from Andrew Farkas for $480 million.[2][3]

In 2024 MarineMax suffered a data breach which included customer data. They settled a class action lawsuit related to the data breach in 2025.[4]

In 2024 MarineMax moved their headquarters from Clearwater, Florida to a newly build complex in Oldsmar, Florida.[5] In 2024 Farkas offered to buy back IGY.[6] MarineMax minority shareholder The Donerail Group also placed pressure on the company over what they considered a misallocation of assets.[7][8]

In 2025 MarineMax opened a new flagship location in Fort Myers, Florida.[9]

The company posted a small net loss on 2.3 billion in revenue in 2025.[10]

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See also

References

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