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One of the largest distributors of marine accessories to the recreational boating industry. Located in Fort Lauderdale, Florida, the company's inventory includes marine hardware, engine parts and accessories, electrical and electronic components, paint and related items, and several other types of boating equipment. Land 'N' Sea operates throughout the United States and, through its telemarketing service, on an international scale. CHPIII purchased the company from a group of private investors in February 1998 for $68 million. The company's senior managers participated in the acquisition and remain in place.
February 06, 1998
Castle Harlan Fund Purchases Marine Accessories Company
NEW YORK, February 6, 1998 - Castle Harlan, Inc., the New York merchant bank, announced today the acquisition of Land 'N' Sea, Inc., one of the largest distributors of marine accessories to the recreational boating industry. The purchase price was…
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