Port32 and Acme Marinas Merge Portfolios

PORT 32 Marinas, LLC (PORT 32) and Acme Marinas, LLC (Acme) announced a combination that creates one of the largest and strategically positioned marina platforms along the Atlantic and Gulf Coasts. The transaction brings together a portfolio of premier waterfront assets in some of the nation’s most sought-after coastal destinations, enhancing scale, geographic diversification and long-term growth opportunities for the combined organization.

The combination of Acme’s seven marinas and PORT 32’s 10 properties creates a diversified platform of 17 premier waterfront locations with approximately 4,000 slips in the nation’s most desirable boating markets. Together, the companies establish a broader presence in coastal destinations, including the addition of Martha’s Vineyard, Sag Harbor, Cape Cod, Annapolis and Sanibel Island, reinforcing PORT 32’s position as a leading marina platform focused on exceptional locations and customer experiences. Each property will retain its unique character and local identity, while the combined team will continue serving customers across all locations without interruption.

PORT 32, backed by Fireside Investments, has spent more than a decade refining marinas in some of the nation’s most popular coastal markets, including Palm Beach Gardens, Fort Lauderdale, Naples, Marco Island, Cape Coral, Tampa, Tierra Verde, Jacksonville and Lighthouse Point in Florida, as well as Morehead City, North Carolina. PORT 32 offers leading customer service, concierge technology and modern infrastructure to boating enthusiasts.

Acme Marinas, backed by Koch Real Estate Investments, was founded in 2021 with a mandate focused on acquiring and operating marinas that deliver best-in-class experiences. Acme has assembled a portfolio of seven premier properties, each selected for its irreplaceable waterfront location and its capacity to provide a full suite of critical marine services to vessel owners.

Acme’s portfolio includes Sag Harbor Yacht Yard, Annapolis Landing Marina, Sanibel Marina, MacDougalls’ Cape Cod Marine Service, Falmouth Marine Yachting Center, Falmouth Ferry, Coinjock Marina & Restaurant and Vineyard Haven Marina, a collection spanning some of the most sought-after boating destinations on the Eastern Seaboard.

PORT 32 CEO Austin Schell will continue to serve as CEO of the combined organization. The Acme team will continue in key leadership roles for the combined platform, with Stephen Shaw serving as chief investment officer and Shelby Tucker as chief financial and chief administrative officer. This leadership structure reflects a deliberate commitment to continuity, ensuring a seamless experience for members while preserving the local expertise and relationships that define each marina across both portfolios.

Lazard Frères & Co. LLC acted as exclusive financial advisor, and Latham & Watkins LLP served as legal counsel to PORT 32 Marinas. Moelis & Company LLC served as exclusive financial advisor, and Jones Day served as legal counsel to Acme Marinas.