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.