Capstone Partners has advised Malibu Boats, a manufacturer of high-end and exceptional performance water ski and wakeboard boats and related marine products, on their sale to Horizon Holdings. Terms of the deal were not disclosed.
Out of Loudon, Tennessee Malibu Boats is a leading designer, manufacturer and marketer of performance sport boats in the world. Malibu’s boats are used for water sports, including water skiing, wakeboarding and wake surfing, as well as for general recreational boating, and the company maintains an active professional team of top water skiers, wakeboarders and wake surfers who represent its brand around the globe. Horizon Holdings says they are enthusiastic to be involved in ownership and board membership.