| Marine Accessories Corporation Information |
Foundation
Marine Accessories Corporation was formed in 1998 by Prospect Partners,
LLC, a private equity firm that manages a $270 million fund and invests
in lower-middle market companies.
With a goal of building a larger business unit through acquisition
and management of select marine accessories companies, Marine Accessories
Corporation focuses on those businesses which occupy particular niches
within the industry.
Its first acquisition occurred in October 1998 with the purchase of
Westland Industries, Inc., a Phoenix, Arizona-based manufacturer of
boat covers and bimini tops.
Through additional acquisitions and aggressive sales initiatives,
Marine Accessories Corporation has grown within the industry and to
date includes seven (7) marine accessory manufacturing divisions.
Leadership
After Westland Industries was acquired by Marine Accessories Corporation,
the company continued to grow within the industry via acquisition,
as well as internally through aggressive sales initiatives. With growth
have come new divisions, new locations and new management teams.
Every company under the Marine Accessories Corporation umbrella maintains
its own management team.
Overseeing all divisions of Marine Accessories Corporations are Richard
N. Reyenger, CEO; Ron Fox, CFO; and Mike McTeer, VP of Sales and Marketing.
Growth
Marine Accessories Corporation will continue to build the company
through acquisition of top-notch marine accessories companies and
continued growth from within.
Our mission continues to be building an industry-leading niche marine
accessories manufacturing company by focusing on top-quality products,
strong management teams and superior customer service.
We will achieve this mission through additional acquisitions and improved
management and sales of current division holdings.
Divisions
Westland Industries, Inc.
Manufacturer of boat covers and bimini tops
Great Lakes Boat Top Co.
Manufacturer of OEM bimini tops, convertible tops and enclosures for
the recreational boating market
The Boatswain’s Locker
Manufacturer of OEM canvas tops and enclosures for large boats and
yachts
Xtreme Tower Products
Manufacturer of wakeboard towers for tournament ski and recreational
powerboats
Monster Tower, Inc.
Manufacturer of aftermarket universal wakeboard towers and accessories.
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