MarineMax Acquires Private Insurance Services to Enter Yacht Insurance Business.

MANews-(C)2009-2020

Florida, US-based recreational boat and yacht retailer MarineMax, Inc. (NYSE: HZO) has acquired speciality yacht insurance agency Private Insurance Services, to expand financial services by entering the yacht insurance segment business, the company said.

Terms of the transaction were not disclosed.

With the acquisition, MarineMax expands its financial services portfolio and provides full access to superyacht, yacht and boating insurance...

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