Skyway Capital Markets Assists in the Sale of Denny’s Marina, Inc.
Skyway Capital Markets, LLC is pleased to announce its involvement in the sale of Denny’s Marina, Inc., a respected boat dealership based in Indianapolis. The ownership has now transitioned to Reeder Trausch Marine Inc., another reputable boat dealership located in Rockville. Following this change, Denny’s Marina will now be known as Reeder Trausch Marine Indy.
About Denny's Marina and Its Heritage
Denny’s Marina boasts a rich history, having been established in 1972 in Peru. It's a family-owned business that has flourished under the leadership of brothers Dan and Greg Decker. With a strong commitment to the boating community for over 38 years, the brothers have successfully overseen the dealership for the past 17 years. As authorized dealers of well-known brands like Crownline, Lund, and Bennington, they have offered a wide range of services, which include sales of both new and pre-owned boats, parts and accessories, maintenance and repair services, as well as financing options and boat storage.
The Vision of Denny's Marina
Dan Decker, Co-owner and President of Denny’s Marina, shared his thoughts on the sale, stating, “My family bought Denny’s Marina in 1986, and Greg and I have always taken pride in being a reliable resource for all of Indianapolis’ boating needs. It brings us joy to see the legacy of Denny’s Marina continue under the Reeder Trausch Marine banner, where the owners share our values and vision of being the go-to boat dealership in the greater Indianapolis area.”
Reeder Trausch Marine's Fresh Path
Upon taking ownership of Denny’s Marina, Reeder Trausch Marine is committed to maintaining the high standards set by the Decker family. The dealership is co-owned by J Hurless and Monty Anderson, friends since high school. Their journey began together at Ray Skillman Auto Center, eventually leading them to successfully partner and acquire Reeder-Trausch Marine. Hurless has made valuable contributions through sales, while Anderson has focused on improving service operations. Together, their expertise is set to revitalize the newly named dealership and strengthen its position within the local boating community.
Skyway Capital's Involvement in the Sale
Jeff Hunt, Senior Managing Director at Skyway Capital, expressed his contentment about the transaction, commenting, “This transaction showcases Skyway Capital’s ability to bring value to the owners of family-run businesses, regardless of their industry. Working with Dan and Greg to successfully transition this cherished Indianapolis boat dealership has been a pleasure.” This statement highlights both Skyway Capital's strengths and its commitment to assisting family-owned businesses during critical changes.
About Skyway Capital Markets
Skyway Capital is an independent, middle-market investment banking firm that specializes in mergers and acquisitions, along with private capital advisory services. They provide a comprehensive range of M&A services, including sell-side and buy-side advisory, joint ventures, and strategic partnerships. Their experienced team collaborates closely with clients to help them navigate financial challenges and develop creative capital solutions tailored to their individual needs. Based in Tampa, Florida, Skyway Capital is a registered member of both FINRA and SIPC, ensuring a secure and professional experience for all clients. For more details on their services, interested parties can visit their official website.
Frequently Asked Questions
What is the significance of the sale of Denny’s Marina?
The sale represents a new beginning for both Denny’s Marina and Reeder Trausch Marine, with a focus on enhancing boating services in the Indianapolis area.
Who owned Denny’s Marina before the sale?
Before the sale, Denny’s Marina was co-owned by brothers Dan and Greg Decker, who have managed the business since 1986.
What services are provided by Denny’s Marina?
Denny’s Marina provides a wide array of offerings, including new and pre-owned boats, parts and accessories, maintenance services, financing options, and boat storage solutions.
What experience do the new owners of Denny’s Marina have?
J Hurless and Monty Anderson, the new owners, come from an extensive background in automotive sales and services, and they plan to leverage their skills in the boat dealership.
How can customers find out more about Skyway Capital?
Customers can explore Skyway Capital's official website to learn about their investment banking services and expert advisory capabilities.
