US EditionBoat Billions: Blackstone to Acquire Safe Harbor Marinas
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Boat Billions: Blackstone to Acquire Safe Harbor Marinas
As the Trump Administration moves to reinvigorate U.S. shipbuilding, Blackstone Infrastructure announced plans to acquire Safe Harbor Marinas from Sun Communities, Inc. The $5.65 billion blockbuster deal will bring the largest marina and superyacht servicing business under the Blackstone umbrella. The all-cash deal represents an approximate 21x multiple on estimated the Safe Harbor 2024 funds from operations and is expected to close during the Q2
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