Blackstone, Centerbridge Partners, and TPG are among investors exploring a potential acquisition of MarineMax, Reuters reported, citing sources familiar with the matter.

The Clearwater, Florida-based company has sent confidentiality agreements to interested parties, allowing them to review documents and prepare possible bids. Strategic investors and wealthy individuals are also assessing the opportunity.

The renewed interest follows a recent proposal from Donerail Group, which owns a 5% stake in MarineMax and offered just over $1bn to acquire the company. In response, MarineMax engaged Wells Fargo to evaluate strategic alternatives.

MarineMax operates 65 marinas and storage locations and 70 dealerships, serving high-net-worth customers, including superyacht owners. Analysts note that marina assets are attracting capital as interest rates ease and consumer demand for boating strengthens.

The company, currently valued at approximately $628m, has seen its shares rise 18% this year.

While no deal is guaranteed, the level of buyout interest highlights private equity’s continued appetite for leisure and infrastructure-adjacent assets with recurring revenue streams and tangible asset backing.

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