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Completed Transactions > Retail > Blue Sky Marine acquired by a private investor

Blue Sky Marine acquired by a private investor

BlueSky Big

Date

Oct 2007

Region

Canada

Generational Equity, an advisor to privately-held and family-owned business for exit planning, business valuation, and mergers-and-acquisition services, has announced the sale of its client, Blue Sky Marine, to a private investor.

Blue Sky Marine is an Ontario-based dealer selling personal watercraft and snowmobiles. In addition to serving as a certified dealer, Blue Sky Marine also offers both a parts department and a service department where Blue Sky Marine’s technicians will service everything they sell as well as most major brands. Managing Directors, Douglas Smith, Mike Hammer, Mike Kaptein and Assistant Vice President, Mike Goss, led Generational Equity’s deal team in marketing and negotiating the transaction.

Blue Sky Marine began actively looking for a strategic buyer in October of 2007 and closed in October of 2009, selling to a private investor interested in the product lines. About Generational Equity Generational Equity is one of the nation's leading middle-market mergers and acquisitions companies, providing private business owners with the information and expertise they require to exit their business successfully.

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