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Entrepreneur buys boat dealer
A boat dealer in the region is under new ownership.
Boat City Marine in Portage was sold recently, according to Grand Rapids-based mergers and acquisitions firm Rua Associates on Monday.
Terms of the deal were not disclosed.
Boat City Marine been owned and operated by the Nelson family since 1982.
The unnamed buyer has worked in the insurance industry, where he started and sold a firm.
The buyer is “excited to have an opportunity to develop his own business.”
Boat City Marine started selling boats in 1956.
The boat dealer sells a range of products: new and used runabouts, deck boats, pontoon boats, outboard motors, accessories, docks, boat lifts, engine parts, storage and more.