PORT 32 Marinas Acquires Lauderdale Marine Center

FORT LAUDERDALE, FL – PORT 32 Marinas, LLC, a leading owner and operator of marinas, announced on May 23, 2024, its acquisition of Lauderdale Marine Center (LMC). LMC, located in Fort Lauderdale in Broward County, stands as the largest yacht repair facility in the United States.

The acquisition brings LMC's extensive 65-acre facility into the PORT 32 family. LMC boasts 156 covered work slips, 19,000 linear feet of dockage, a 100-ton travel lift, and a 300-ton floating drydock, providing a comprehensive range of services for yacht owners and operators from nearby communities like Davie.

Joe H. Miller, III, CEO of PORT 32, expressed enthusiasm for the acquisition. “We are thrilled to add LMC to the PORT 32 family,” said Miller. “LMC is a premier facility with a long history of providing exceptional service to its customers. We believe that LMC is a perfect fit with PORT 32’s strategy of acquiring and operating best-in-class marinas in key markets.”

Doug West, President of LMC, also shared positive sentiments regarding the new partnership. “We are excited to join the PORT 32 team,” West stated. “PORT 32 shares our commitment to providing the highest level of service to our customers. We believe that this partnership will allow us to continue to grow and improve our business.”

PORT 32 Marinas, based in Charleston, South Carolina, specializes in acquiring, operating, and developing drystack and in-water marinas. The company provides expertise and capital to the marina industry to accelerate growth and improve operations, with a growing collection of marinas across Florida, South Carolina, and Maryland.

Lauderdale Marine Center offers a full suite of services, including repairs, refits, painting, carpentry, and mechanical, electrical, and electronic services, solidifying its position as a critical hub for yacht maintenance in Broward County.