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Blackstone Infrastructure to Acquire Safe Harbor Marinas in $5.65B Transaction

1. Blackstone acquires Safe Harbor Marinas for $5.65B. 2. Transaction expands Blackstone Infrastructure portfolio and market leadership.

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Why Bullish?

The $5.65B acquisition strengthens BX’s infrastructure portfolio, echoing past strategic moves that added long-term value. This diversification into a leading marina business boosts growth potential similarly to previous successful deals.

How important is it?

The sizable $5.65B transaction and strategic expansion make the news highly significant for BX's long-term growth and market positioning.

Why Long Term?

The acquisition’s benefits, such as enhanced recurring revenues and market positioning, will likely unfold over time. Historical examples show that strategic M&A investments yield gradual, sustained benefits.

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NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) announced today that funds managed by Blackstone Infrastructure (“Blackstone”) have agreed to acquire Safe Harbor Marinas (“Safe Harbor”), the largest marina and superyacht servicing business in the United States, from Sun Communities, Inc (NYSE: SUI) for $5.65 billion. Safe Harbor owns and operates 138 marinas across the U.S. and Puerto Rico and is the industry leader in the boat storage and servicing industry. Commenting on the announcement, He.

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