Safe Harbor Marinas Acquires 80th Marina

DALLAS, May 9, 2019 /PRNewswire/ -- Safe Harbor Marinas, LLC has acquired New England Boatworks in Portsmouth, RI and increased its portfolio of premier marinas to 80 facilities across the United States. The new acquisition is part of the company's continuing effort to grow and diversify its nationwide network. Safe Harbor Marinas is the largest and most geographically-diversified owner and operator of marinas in North America. 

"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 5 locations; NEB gives us a 6th. 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 over 360 deep-water slips and is known for expertise in the construction of custom, state-of-the-art sail and power yachts. With the addition of New England Boatworks, Safe Harbor Marinas now owns and operates 80 marinas in 18 states.

About Safe Harbor Marinas

Safe Harbor Marinas is the largest owner and operator of marinas in the United States. Based in Dallas, Texas, the company is dedicated to providing exceptional service and memorable experiences to the global boating community.

For more information, visit SHMarinas.com.

SOURCE Safe Harbor Marinas

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https://shmarinas.com