Safe Harbor Marinas Acquires New England BoatworksPublished on May 13, 2019
Safe Harbor Marinas, LLC has acquired New England Boatworks in Portsmouth, Rhode Island, increasing its portfolio of marinas to 80 facilities across the United States. The company said the new acquisition is part of its continuing effort to grow and diversify its nationwide network.
“We’re incredibly fortunate to add New England Boatworks (NEB) to our network of marinas,” said Jason Hogg, senior vice president of investments for Safe Harbor Marinas. “We already had a robust presence in Narragansett Bay with five locations; NEB gives us a sixth. NEB is one of the most renowned boatyards in the country, and it will be a cornerstone for our boaters in Narragansett Bay. We’re also very excited about growth projects already permitted and expansion opportunities we intend to pursue at this unique property.”
New England Boatworks offers more than 360 deep-water slips and is known for expertise in the construction of custom, state-of-the-art sail and power yachts.