BDO advised on the recapitalization of Pride Marine Group

Deal typeM&A & Private Equity
IndustryRetail & Consumer
Client namePride Marine Group

BDO’s M&A and Capital Markets team is pleased to announce that Golden Spruce Capital has partnered with Pride Marine Group (PMG). 

PMG operates nine boat dealerships selling new and used premium boats across Ontario, six of which include full-service marinas. 

Our M&A and Capital Markets team acted as the exclusive financial advisor to PMG, assisting shareholders throughout the deal process. 

"The BDO M&A team provided me with expert advice and support throughout the process. The team conducted a detailed process and spoke to several parties, which gave comfort that our contemplated partnership was the right step for the future of Pride Marine Group. The team’s attention to detail and understanding of our needs was critical in closing the transaction. Thank you to the entire BDO team!" 

Paul Nickel, Owner, Pride Marine Group