Marine Products Corporation Acquisition | Consumer Deal in TN

MasterCraft Boat Holdings, Inc. has completed the acquisition of Marine Products Corporation, a consumer other business in Tennessee, for $71.8 million. Marine Products Corporation supplies marine products and supports boat-related consumer demand through its product and distribution capabilities in TN. The strategic acquisition expands MasterCraft’s consumer M&A footprint and strengthens its platform acquisition strategy in the consumer deals TN market. MasterCraft, a strategic buyer, pursued this platform acquisition to add scale and improve model mix, options sales, and unit volumes, with deal-related consulting costs tied to execution.