Boating Industry

January 2016

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LAUNCH 10 | Boating Industry | January 2016 GRAND CROSSING ACQUIRES EVERGLADES Grand Crossing Capital Partners LP, a family-backed private equity firm based in Chicago has acquired a majority stake in Everglades Marine Holdings LLC and RJ Dougherty Associates LLC (operating as "Everglades"). Terms of the transaction were not disclosed. "We are delighted to partner with Grand Crossing to continue building the highest quality boats in the industry and servicing our loyal customers through our best-in-class dealer network. With fresh capital, Everglades will accelerate product development and geographic expansion, while continuing to bring cutting-edge innovation to the market," said founder Robert J. Dougherty. SUZUKI NAMES GUS BLAKELY DIVISION HEAD, DIRECTOR OF MARINE SALES Suzuki Motor of America, Inc. has announced the promotion of Gus Blakely to Marine Sales Division Head, Director. In his new role, Blakely will be responsible for marine sales and marketing, new product development and overall divisional operations. "We're proud of our recent growth, but we know it's going to take focus and effort to get Suzuki to the next level," said Blakely. "I'm grateful to have been given this op- portunity to lead our team of MotorMen and I'm ready to take on a new challenge." INDUSTRY NEWS SEARCH SCORECARD Dominion Marine Media draws data from Boat Trader, and YachtWorld. In this ranking, we show median prices in most commonly listed classes. For more DMM data: business-intelligence/published-data Class 2015* 2014 Cruiser $65,000 $60,000 Pontoon Boat $23,931 $24,595 Motor Boat $259,995 $249,900 Bowrider $22,500 $19,995 Bass Boat $16,795 $15,995 Center Console $30,000 $27,855 Utility Boat $1,199 $3,599 Freshwater Fishing $14,645 $17,595 Ski/Wakeboard $44,900 $45,000 Express Cruiser $69,995 $62,200 MEDIAN PRICING OF MOST-LISTED CLASSES * Median listing price, January through August Note: "cruiser" includes both power and sail cruisers. Continued from page 9

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