What Suntex Marinas does

Suntex Marinas is a Dallas-based private company that owns and operates a national network of over 100 premier recreational marina properties across the United States, making it the largest standalone recreational marina owner in the country by marina count and boat slips. The company serves recreational boaters through four integrated access channels: wet slip and dry storage rentals, the Suntex Boat Club (24 locations across 10 states with reciprocal access), boat rentals, and houseboat vacations, collectively branded as the "Circle of Boating." Suntex also generates ancillary revenue through an exclusive boat and yacht insurance program brokered with NFP (an Aon company), waterfront food and beverage leases with third-party operators, the Strategic Partner Program with national brands such as Boatsetter and Waterfront Brands, and the Destination Marina Partner Program extending benefits to premier marinas beyond the owned portfolio.

The company's underlying technology stack is centered on a marina management platform featuring the Stellar Customer Portal for 24/7 account management, integrated digital quoting tools for insurance placements, and the MOLO discovery platform. Acquisition and growth are funded through a joint venture with Centerbridge Partners, L.P. (~$46 billion AUM as of December 2025), which has enabled a sustained buy-and-build strategy that more than doubled the portfolio in recent years and culminated in the March 2026 merger with Windward Marina Group. The business model is anchored in recurring subscription revenue from slip and storage rentals and boat club memberships, supplemented by transaction-based fees from insurance placements and boat rentals, plus licensing and affiliate revenue from on-site food and beverage operators and strategic partners.

Suntex serves three primary customer personas — boat owners seeking secure slip and storage, boat club members accessing vessels without ownership, and boat renters wanting occasional on-water experiences — alongside a secondary segment of waterfront dining guests at marina-adjacent restaurant leases. The company is led by co-founder and CEO Bryan Redmond, with executive officers collectively holding over 100 years of combined marina industry experience. Headcount is reported in the 101–250 range, consistent with a lean corporate headquarters in Dallas managing a distributed field operating organization across 100+ properties.

Name

Suntex Marinas

Legal name

Suntex Marinas, LLC

Website

https://suntex.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

101–250 employees

Short description

Suntex Marinas is a Dallas-based private owner and operator of over 100 recreational marina properties across the United States, serving boat owners, boat club members, and renters through slip rentals, memberships, and rentals under its "Circle of Boating" platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Marina Slip and Storage Rental: Revenue from wet slips, dry storage, covered slips, and trailer storage across a network of over 100 marina properties. Customers pay recurring fees (monthly, seasonal, or annual) for dockage and storage.
2. Boat and Yacht Insurance (NFP Partnership): Suntex exclusively brokers boat and yacht insurance through NFP to its customers across the marina network. Revenue model structured through a multi-carrier platform with digital quoting, generating fees or commissions on insurance placements.
3. Boat Club Memberships: Suntex Boat Club provides members with access to a fleet of boats at 24+ locations across 10 states for a recurring membership fee, offering an alternative to boat ownership.
4. Boat Rentals: Suntex Boat Rentals offers pontoon boats, deck boats, and other vessels to new or occasional boaters on a per-rental basis, generating transaction-based revenue.
5. Strategic Partner Program: National partners (e.g., Boatsetter, Waterfront Brands, Aloha Pontoons) deliver benefits to Suntex customers through digital integration, onsite activations, and event marketing. Partners pay for access to Suntex's nationwide boater community.
6. Food and Beverage Leases: Third-party restaurant operators lease space within Suntex marina properties (e.g., Calaveras Cantina at Las Olas Marina, Waters Edge Restaurant at Kinship Marina), generating rental income.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels10 records

Core offering

Suntex Marinas owns and operates a national network of over 100 premium marina properties across the United States, offering wet slips, dry storage, covered slips, and trailer storage for recreational boat owners. The company extends its core marina operations through the "Circle of Boating" model, which includes Suntex Boat Club memberships (24 locations across 10 states), Suntex Boat Rentals, houseboat vacations, an exclusive boat and yacht insurance program brokered through NFP, and the Strategic Partner Program connecting national brands with its boating community.

Product overview

Suntex Marinas operates a unified marina ownership and management platform centered on its network of over 100 premier marina properties across the United States. The core product portfolio spans wet slips and dry storage (Boat Slips & Storage), membership-based boating without ownership (Suntex Boat Club, the 24th location launched at Saguaro Lake Marina in 2025), boat rentals for occasional boaters (Suntex Boat Rentals), and houseboat vacation experiences (Houseboat Vacations). The company also operates the Circle of Boating concept, integrating all four access pathways (rentals, club, slips/storage, and houseboats) to serve every stage of the boating lifestyle. Supporting the core portfolio, Suntex offers a proprietary NFP Boat & Yacht Insurance Program (exclusively brokered with NFP for boat and yacht coverage via a multi-carrier model), the Strategic Partner Program connecting brands like Boatsetter, Waterfront Brands, and Aloha Pontoons with Suntex's boating community, and the Destination Marina Partner Program launching with Legendary Marina in Nassau, The Bahamas. Digital customer-facing tools include the Suntex Customer Portal and Stellar Customer Portal for account management, and the MOLO platform for marina discovery. Suntex's rapid growth has been driven by acquisitions including Windward Marina Group (13 marinas, March 2026), Kinship Marina (Ventura, CA), Eagle Point Marina (Lake Lewisville, TX), Shalimar Harbor Marina (FL), Saguaro Lake Marina (AZ), Conch Harbor Marina (Key West, FL), Peter's Landing Marina (Huntington Beach, CA), Discovery Bay Marina (CA), Hidden Cove Marina (Frisco, TX), Marine Emporium Landing (Channel Islands Harbor, CA), four Oakland marinas from Almar Marinas, Vintage Marina and Channel Islands Harbor Marina (CA), and the Treasure Island Marina development (San Francisco, 168 slips, under construction). The company operates in partnership with Centerbridge Partners, L.P. and its affiliates, with executive officers holding over 100 years of combined marina industry experience.

Differentiator

Problem solved

Functional benefit

Brands

• Suntex Boat Club: Boat club offering members access to vessels at 24+ locations across 10 states without boat ownership.
• Suntex Boat Rentals
• Suntex Customer Portal
• Suntex Strategic Partner Network
• The Tribute Marina

Products and services

• Boat Slips & Storage Wet slips and dry storage options for recreational boat owners at over 100 marina properties nationwide, providing secure vessel storage with access to amenities and a boating community. Recurring monthly, seasonal, or annual fees.
• Suntex Boat Club Boat club providing members access to a fleet of boats (pontoons, deck boats, high-performance vessels) at 24+ locations across 10 states without owning a vessel, with reciprocal boating privileges. Recurring membership fee.
• Suntex Boat Rentals Boat rental offerings enabling new or occasional boaters to experience being on the water through pontoon boats, deck boats, and high-performance vessels on a per-rental basis.
• Houseboat Vacations Houseboat vacation rental experiences offered through select Suntex marina locations, allowing customers to enjoy extended on-water living and travel.
• NFP Boat & Yacht Insurance Program Exclusively brokered boat and yacht insurance program delivered through NFP (an Aon company), connecting Suntex customers with multiple specialty marine insurers via a fully integrated digital quoting and service platform with live specialist support.
• Suntex Strategic Partner Program National program connecting leading brands (Boatsetter, Waterfront Brands, Aloha Pontoons) with Suntex's engaged boating community across 90+ marina locations through digital channels, onsite activations, and targeted marketing initiatives.
• Destination Marina Partner Program Program delivering exclusive benefits (preferred pricing, priority dockage, hurricane-rated dry stack storage, customs concierge coordination) to Suntex customers at premier boating destinations beyond the Suntex owned and managed portfolio.
• Suntex Customer Portal Digital customer portal allowing Suntex customers to manage their accounts online 24/7, view and pay invoices, update payment methods, upload insurance and registration documents, and access account balance information via web or mobile.

Quantifiable outcome

• Over 100 marina properties acquired and operated nationwide, including 34 in Florida
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core, minor and flagship.

• NFP (Aon company)coreStrategic or Co-development Partner · 16 June 2026NFP, a property and casualty broker under Aon, is the exclusive broker for boat and yacht insurance across Suntex's U.S. marina network. The partnership delivers a multi-carrier digital quoting platform with live marine insurance specialist support, rolling out in phases across Suntex's 100+ properties. The program streamlines the insurance buying and claim process for Suntex customers.
• Waters Edge Restaurant (Kinship Marina)minorOthers · 16 June 2026Waters Edge Restaurant is an established on-site dining partner at Kinship Marina in Ventura, California — a premier waterside culinary destination offering panoramic harbor views, fresh local seafood, and craft cocktails.
• Derecktor Ventura (Kinship Marina)minorOthers · 16 June 2026Derecktor Ventura is an on-site full-service boatyard at Kinship Marina, offering decades of experience in high-quality marine repair, refits, world-class paint, metal work, and marine mechanics.
• Ventura Sportfishing (Kinship Marina)minorOthers · 16 June 2026Ventura Sportfishing is a top sportfishing charter operation at Kinship Marina offering family-friendly and professional multi-day excursions.
• True Grit HospitalitycoreStrategic or Co-development Partner · 2 June 2026True Grit Hospitality operates Calaveras Cantina at Las Olas Marina in Fort Lauderdale, Florida under a lease agreement with Suntex. Calaveras Cantina is a high-energy waterfront Mexican dining and craft cocktail concept. Construction is underway through 2027.
• Legendary Marina Resort at Blue Water Cay (Nassau, Bahamas)flagshipStrategic or Co-development Partner · 8 April 2026Legendary Marina in Nassau, The Bahamas is the inaugural partner in Suntex's Destination Marina Partner Program. Suntex customers receive exclusive benefits including preferred pricing, priority dockage, CAT 5 hurricane-season enclosed dry stack storage, complimentary inspection haul-outs, and customs concierge coordination.
• Windward Marina GroupcoreStrategic or Co-development Partner · 18 March 2026Windward Marina Group, founded by Stefan Johansson, merged with Suntex through the joint venture with Centerbridge Partners. The transaction added 13 marina locations and more than 3,000 slips in Florida, expanding Suntex to over 100 marinas nationwide. Windward had grown from a single marina to a 13-property Florida platform in under seven years.
• Kenwood InvestmentsminorStrategic or Co-development Partner · 9 October 2025Kenwood Investments and Suntex formed a joint venture to build a new 168-slip marina at Treasure Island, San Francisco, with construction planned to start in June 2026. The project aims to replace aged docks and accommodate various boats, with local authority approvals already secured.
• BoatsettercoreGTM or Marketing Partner · 10 June 2025Boatsetter, the leading peer-to-peer boat rental platform, is a founding national partner in the Suntex Strategic Partner Program, delivering unique boat rental offers and benefits to Suntex customers across the network.
• Waterfront BrandscoreGTM or Marketing Partner · 10 June 2025Waterfront Brands, the most trusted name in premium dock solutions, is a founding national partner in the Suntex Strategic Partner Program, offering Suntex customers exclusive benefits on dock products and services.
• Aloha PontoonscoreGTM or Marketing Partner · 10 June 2025Aloha Pontoons, innovators in pontoon boat manufacturing and design, is a founding national partner in the Suntex Strategic Partner Program, engaging with Suntex's boater community through Summit series events and digital integration.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Safe Harbor Marinas: Safe Harbor Marinas is the largest publicly traded marina operator in the U.S., with a portfolio exceeding 130 marinas. It is the most direct comparable to Suntex in terms of scale, business model (slip rentals, storage, boat clubs), and acquisition-driven growth strategy. The recent merger with Suntex was discussed at industry level, making this the anchor competitor.
• IGY Marinas (Island Global Yachting): IGY Marinas operates a global network of luxury marinas, particularly catering to superyachts. Multiple Suntex executives (including CIO Chris Petty, VP of Brand and Marketing Bert Fowles) previously worked at IGY. Directly comparable in marina operations and target customer base at the premium end of the market.
• Loggerhead Marinas: Loggerhead Marinas is a major U.S. recreational marina operator with properties concentrated in the Southeast. Operates similar business model (slip rentals, dry storage, boat clubs) and competes directly with Suntex in Florida and surrounding markets.
• Oasis Marinas: Oasis Marinas operates a portfolio of full-service marinas across the U.S., offering slip rentals, dry storage, and boat club services. Private-equity-backed by Shadow Isles Capital, it pursues a similar acquisition-and-operate strategy and competes for both customers and acquisition targets with Suntex.
• Westrec Marinas: Westrec Marinas operated marinas including the Chicago Harbors portfolio before exiting. Multiple Suntex leaders (VP Government Relations Jim Frye, Investment Manager Scott Stevenson) previously led Westrec, making it a direct historical comparable in marina operations and management.
• Freedom Boat Club: Freedom Boat Club is the largest boat club operator in the U.S. (operated by Brunswick), with hundreds of locations offering membership-based boating access. Directly comparable to Suntex Boat Club in business model and customer segment; operates as a tenant at Peter's Landing (Suntex-owned).
• Suntex Boaters Club: Boatsetter is the leading peer-to-peer boat rental platform and a founding national partner in Suntex's Strategic Partner Program. While not a direct marina operator, Boatsetter operates as a complementary distribution channel for boat rentals, sharing the same end customer base.

Broad incumbents

• MarineMax: MarineMax is the largest recreational boat dealer in the U.S., publicly traded (NYSE: HZO), and also operates marinas and yacht brokerage. While boat sales dominate its revenue, its marina operations and adjacent marine services overlap with Suntex's slip, storage, and boat club offerings.
• OneWater Marine: OneWater Marine is a publicly traded (NASDAQ: ONEW) marine retailer and operator with marina and boat club operations in addition to boat sales. Comparable as a broader incumbent in the marine lifestyle space, though it is primarily a retailer.
• Brunswick Corporation: Brunswick (NYSE: BC) is a global leader in marine products, including boat manufacturing (Sea Ray, Boston Whaler), propulsion, and marine services. While primarily a manufacturer, its marine services and ecosystem play overlap with Suntex's marinas as part of the broader boating value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Suntex Marinas