Bain Capital and BlueWater Marinas have acquired Glyn's Marine, a leading dry slip marina on Nantucket Island, to enhance their portfolio in the competitive boating market.

Target Information

Bain Capital and BlueWater Marinas have recently announced their acquisition of Glyn’s Marine, a notable dry slip marina and service center located on Nantucket Island, Massachusetts. This acquisition was officially completed on August 11, 2025, through an exclusive joint venture that emphasizes the acquisition and management of premium storage-focused marinas in prime boating locations along the East Coast.

Established over 30 years ago, Glyn’s Marine is strategically situated in the heart of Nantucket Island. It has built a strong reputation over the years for providing exceptional winter storage and a wide range of marine services. Originally launched as a modest service facility, Glyn’s has expanded to become one of the largest providers of marine services and storage on the island, catering to the needs of local boaters.

Industry Overview

The marina and boating industry in the United States, particularly in regions like Massachusetts, has been experiencing significant growth. As the recreational boating sector continues to expand, marke