Monaco Marine poised for merger with Safe Harbor Marinas
Deal News | Jun 17, 2025 | EIN
Monaco Marine and Safe Harbor Marinas are in exclusive negotiations regarding a potential merger that would enable US-based Safe Harbor Marinas to acquire full ownership of Monaco Marine. This transaction, if finalized, would constitute Safe Harbor's inaugural expansion into European markets. Safe Harbor, which operates 139 marinas and shipyards in the US, Puerto Rico, and the Caribbean, was acquired by Blackstone Infrastructure Partners for $5.65 billion earlier this year. Meanwhile, Monaco Marine, founded by Michel Ducros in 1995, offers a network of service and refit facilities throughout the Mediterranean. The deal promises to combine Safe Harbor's vertically integrated portfolio with Monaco Marine's regional expertise. This merger aligns with broader trends of infrastructure consolidation within the superyacht services industry. The financial terms and timeline for completion remain undisclosed, though negotiations are reportedly well advanced. Further details are anticipated shortly.
Sectors
- Marina Operations
- Infrastructure
Geography
- United States – Relevant as Safe Harbor Marinas is a US-based company expanding into European markets.
- Europe – Relevant as Monaco Marine is based in Europe and the merger marks Safe Harbor’s first entry into the European market.
Industry
- Marina Operations – This industry is relevant as the article discusses a potential merger between marina operating companies, Safe Harbor Marinas and Monaco Marine.
- Infrastructure – The industry is relevant because the merger involves significant consolidation of infrastructure within the superyacht services sector.
Financials
- $5.65 billion – The amount paid by Blackstone Infrastructure Partners to acquire Safe Harbor Marinas earlier this year.
- $2.11 billion – The amount for which Safe Harbor Marinas was acquired by Sun Communities in 2020.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Monaco Marine | Target Company | Company | A company providing service and refit facilities throughout the Mediterranean and the potential acquisition target for Safe Harbor Marinas. |
| Safe Harbor Marinas | Bidding Company | Company | A US-based marina operator looking to acquire Monaco Marine as part of its European expansion strategy. |
| Blackstone Infrastructure Partners | Owner/Investor | Company | The owner of Safe Harbor Marinas, having acquired it for $5.65 billion. |
| SuperyachtNews | Source | Company | Provided ongoing coverage and information regarding the merger talks. |