Hinckley Expands with Acquisition of Bay Bridge Marina
Deal News | Feb 26, 2025 | EIN
Hinckley Yachts, renowned for its superior yacht craftsmanship and premium service provision, has announced the acquisition of Bay Bridge Marina, a leading waterfront facility in Chesapeake Bay. This strategic expansion is anticipated to enhance Hinckley’s service network, offering a premium marina destination combined with prestigious yacht services. Located on Kent Island, Maryland, Bay Bridge spans 15 acres providing 243 floating slips and indoor storage, ideal for vessels between 30 and 130 feet. The acquisition not only underscores Hinckley’s dedication to offering first-class customer experiences but broadens their service footprint with state-of-the-art winterization and maintenance facilities. This move is seen as a significant step towards solidifying their presence in the Chesapeake region, offering exclusive experiences for their yacht owners.
Sectors
- Marine Services
- Recreational Boating
Geography
- United States – Both Hinckley Yachts and Bay Bridge Marina are based in the U.S., with operations enhancing their service provision across the East Coast.
- Chesapeake Bay – The geographical location of Bay Bridge Marina, a critical factor in its strategic value for Hinckley’s network expansion.
Industry
- Marine Services – The acquisition of a marina and service expansion is central to the marine services industry, focusing on yacht service, maintenance, and marina operations.
- Recreational Boating – Hinckley specializes in yacht building and servicing, integral segments of the recreational boating industry aimed at luxury and recreational marine experiences.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Hinckley Yachts | Acquirer | Company | An iconic boatbuilder and premium yacht service provider known for its craftsmanship and exclusive services. |
| Bay Bridge Marina | Target Company | Company | A premier waterfront facility on Chesapeake Bay, offering extensive marina services and amenities. |
| Gavin McClintock | CEO | People | CEO of Hinckley Yachts, involved in strategic expansions like the acquisition of Bay Bridge Marina. |