A stalwart in the PNW for over 25 years, Coastal Marine Engine has been a leader as one of 6 Volvo Power Centers in the US selling new engines, parts and service. As a complementary but separate business, Canal Boatyard handles the haul outs and storage for boat owners requiring work on their precious pleasure crafts.
We had multiple qualified candidates with multiple offers but were able to locate the best and final Buyer within 10 weeks of going to market. In the process Roupp Acquisitions noted several ‘first’ records including the first Buyer to tour the business being the ultimate Buyer to finalize the purchase.
The Seller commented, “We thank Roupp Acquisitions for keeping us on track during the sale our 2 companies. This was one of the most important transactions of our life and we could not have done it without their help.”.
We are thrilled with the future outlook of both companies and look forward to the Buyers continued success as they take advantage of the summer season.