Safe Harbor Marinas has announced the acquisition of Rybovich Superyacht Marina.
The acquisition agreement includes Rybovich’s West Palm Beach facility, which accommodates yachts up to 99 metres long, as well as the facility in Riviera Beach.
It is understood superyacht operations at Rybovich will continue to be oversee by its existing team.
Speaking about the deal, Rybovich owner and chief executive Wayne Huizenga Jr said: "We're extremely excited about what this means for our people, our customers, and our partners.
"We share with Safe Harbor a fundamental commitment to excellence in service and hospitality. We believe this transaction will allow us to deliver on that commitment at more and more locations over time."
Safe Harbor chief executive, Baxter Underwood, added: "Our plan is to serve Rybovich with excellence so they, in turn, can do what they do so well at more locations throughout the country and perhaps the world."