One Water Marine Acquires Roscioli Yachting CenterPublished on January 11, 2021
OneWater Marine Inc. has completed the acquisition of Roscioli Yachting Center, Inc., including the related real estate and in-water slips. The transaction expands OneWater’s presence in the yacht category and provides a springboard for further growth, while amplifying its service and repair offerings.
Roscioli Yachting Center is a full-service marina and yachting facility located in Fort Lauderdale, Florida, which has served yacht owners for more than 50 years. The Roscioli team includes more than one hundred skilled team members who utilize premier equipment and technology to provide customers with services ranging from custom carpentry and fabrications, painting and refinishing, master mechanics and dockside hospitality. Roscioli generated revenues in excess of $15 million over the past twelve months.
OneWater Marine Inc. operates 69 recreational boat retail stores throughout 10 different states offering a broad range of products and services which include the sale of new and pre-owned boats, parts and accessories, finance and insurance products, maintenance and repair services and ancillary services such as boat storage.