OneWater Marine Inc. announced that it has entered into a strategic relationship with Bradford Marine, in which OneWater completed a sale/leaseback arrangement of the Roscioli Yachting Center with Bradford Marine to provide world-class support for the OneWater Yacht Group and Sunseeker brands. Concurrently, Bradford Marine will acquire the service operation at the Roscioli Yachts Center and all of the related real estate. The proceeds from this transaction will be used to reduce the Company's long-term debt, as well as fund ongoing strategic M&A opportunities.

Roscioli Yachting center is a full-service marina and yachting center located in Fort Lauderdale, FL, providing best- in-class services ranging from custom carpentry and fabrications, painting and refinishing, master mechanics and superior dockside hospitality, which will continue to be provided under the Bradford Marine name.