MasterCraft Acquires Marine Products for $232.2 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 05 2026
0mins
Should l Buy MCFT?
MasterCraft Boat Holdings (MCFT) and Marine Products (MPX) announced that they have entered into a definitive agreement under which MasterCraft will acquire Marine Products in a cash and stock transaction valued at approximately $232.2M, net of acquired cash. Under the terms of the agreement, Marine Products shareholders will receive $2.43 per share in cash and 0.232 shares of MasterCraft common stock for each share of Marine Products they own. Based on MasterCraft's closing share price of $23.12 on February 4, 2026, this consideration implies a value of $7.79 per Marine Products share. The corresponding transaction value of $232.2 million represents approximately 7.2x Marine Products' expected EBITDA for the twelve months ending June 30, 2026, after adjusting for the elimination of approximately $6 million of public company costs and corporate overhead. Upon closing of the transaction, MasterCraft shareholders will own 66.5% and Marine Products shareholders will own 33.5% of the combined company. The transaction has been unanimously approved by the Boards of Directors of both companies and the Special Committee of the Board of Directors of Marine Products. The transaction is expected to be financed through combined cash on hand. The transaction is expected to close in the second calendar quarter of 2026, subject to approval by both MasterCraft and Marine Products shareholders and the satisfaction of other customary closing conditions.
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Analyst Views on MCFT
Wall Street analysts forecast MCFT stock price to fall
4 Analyst Rating
0 Buy
4 Hold
0 Sell
Hold
Current: 21.910
Low
19.70
Averages
20.35
High
21.00
Current: 21.910
Low
19.70
Averages
20.35
High
21.00
About MCFT
MasterCraft Boat Holdings, Inc. is a designer, manufacturer and marketer of recreational powerboats through its three brands, MasterCraft, Crest and Aviara. It designs, manufactures and sells premium recreational inboard ski/wake, outboard and sterndrive boats. In addition, it offers various accessories, including trailers and aftermarket parts. The Company’s segments include MasterCraft, Pontoon, and Aviara. The MasterCraft segment consists of its MasterCraft brand, which manufactures premium ski/wake boats. MasterCraft participates in a category within the powerboat industry by manufacturing the industry’s premier competitive water ski, wakeboarding, and wake surfing performance boats. The Pontoon segment manufactures and sells pontoon boats and consists of its Crest brand and Balise brand. The Pontoon segment participates in the largest unit producing category in the powerboat industry. The Aviara segment manufactures and sells luxury day boats and consists of the Aviara brand.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
MasterCraft Launches Female-Focused Water Initiative
- Program Return: MasterCraft Boat Holdings announces the return of its 2026 'Let Her Rip' initiative, designed to provide a safe, judgment-free environment for women to enhance their boating skills, marking its sixth consecutive year and demonstrating the company's ongoing commitment to female participation in watersports.
- National Tour: The 2026 program will feature six stops, including new locations in Pueblo, Little Rock, Raleigh, and Coeur d’Alene, strategically expanding the brand's presence in key markets to attract more women to boating activities and enhance community engagement.
- Celebrity Coaches: The clinics will be led by elite female athletes, including seven-time world wakesurfing champion Ashley Kidd and world champion wakeboarder Meagan Ethell, offering expert instruction in boat handling and watersports, empowering participants to gain confidence at every skill level.
- Hands-On Opportunities: The 2026 program introduces practical learning experiences in collaboration with Chevrolet, allowing participants to learn how to back up, load, and launch boats, addressing common barriers to boat ownership and enhancing confidence and practical skills on the water.
See More
MasterCraft Revives Female-Focused Let Her Rip Initiative for 2026
- Program Relaunch: MasterCraft Boat Company announces the return of its female-focused Let Her Rip initiative for 2026, aimed at building confidence and skills for women and girls in watersports, marking the sixth year of this impactful program that enhances inclusivity in the industry.
- National Tour Expansion: The 2026 initiative will feature six stops, including new locations in Pueblo, Little Rock, Raleigh, and Coeur d'Alene, strategically designed to deepen MasterCraft's presence in key markets and drive long-term brand growth through expanded community access.
- Female Athlete Leadership: Each clinic will be led by elite female athletes, including Seven-Time World Wakesurfing Champion Ashley Kidd, providing hands-on instruction in driving, docking, and various watersports disciplines, thereby empowering participants to enhance their skills and confidence on the water.
- Innovative Registration System: In response to high demand, MasterCraft will implement a lottery-based registration system for the 2026 program, allowing participants to register starting March 5, with the aim of increasing accessibility and participation in this popular initiative for women and girls.
See More
MasterCraft Launches 2026 Nationwide Tour for Wakeboarding and Wakesurfing
- Event Relaunch: MasterCraft Boat Company, in partnership with the World Wake Association (WWA), announces the 2026 five-stop nationwide tour, marking the brand's first return to supporting amateur wakeboarding and wakesurfing competitions in over a decade, aimed at enhancing participation and community in watersports.
- Event Schedule: The tour will take place from April to June across Georgia, Texas, Michigan, Utah, and North Carolina, with all events exclusively towed by the new MasterCraft X24, ensuring a world-class wake experience that welcomes riders of all ages and abilities.
- Community Engagement: Each stop will feature community-focused activities, including MasterCraft owner gatherings and dealer-hosted rider engagement events, further enhancing the family-friendly atmosphere of the tour and promoting the growth of watersports participation.
- Registration and Eligibility: Competitors must pay a registration fee of $135 per division and hold a valid WWA membership, with event management handled through the WWA Rideline app to ensure participants receive timely updates and information.
See More
Investor Rights Law Firm Investigates Multiple Companies
- Merger Investigation: Halper Sadeh LLC is investigating the merger between MasterCraft Boat Holdings, Inc. and Marine Products Corporation, where MasterCraft shareholders will own 66.5% of the combined entity upon completion, potentially impacting shareholder rights and future earnings.
- Acquisition Price Analysis: Silicon Laboratories Inc. is set to be sold to Texas Instruments for $231.00 per share in cash, a transaction that could significantly affect shareholder financial interests, prompting Halper Sadeh LLC to encourage shareholders to understand their legal rights.
- Cash and Stock Transaction: Webster Financial Corporation is being sold to Banco Santander for $48.75 in cash and 2.0548 Santander American Depository Shares per Webster common share, with terms that may limit competing offers, leading Halper Sadeh LLC to remind shareholders to be aware of their rights.
- Stock Exchange Transaction: Two Harbors Investment Corp. will sell to UWM Holdings Corporation for 2.3328 shares of UWM Class A Common Stock for each share of Two Harbors common stock, with Halper Sadeh LLC representing shareholders in seeking increased consideration and other relief measures to protect their interests.
See More
Investor Rights Law Firm Investigates Merger Transactions
- Merger Investigation: Halper Sadeh LLC is investigating the merger between MasterCraft Boat Holdings, Inc. and Marine Products Corporation, where MasterCraft shareholders are expected to own 66.5% of the combined entity, potentially impacting shareholder rights and future returns.
- Shareholder Rights Protection: The law firm encourages shareholders of MasterCraft, SkyWater Technology, Marine Products, and SunOpta to reach out to discuss their legal rights and options, ensuring fair treatment in the transactions and mitigating potential losses.
- Cash and Stock Transactions: SkyWater Technology is selling for $15.00 in cash and $20.00 in IonQ common stock, Marine Products for $2.43 per share in cash and 0.232 shares of MasterCraft common stock, and SunOpta for $6.50 per share in cash, with these terms potentially affecting shareholder returns.
- Legal Fee Arrangement: Halper Sadeh LLC offers legal services on a contingency fee basis, meaning shareholders do not incur upfront legal costs when addressing these matters, thereby reducing financial risk and encouraging more shareholders to seek legal support to protect their rights.
See More
Investor Rights Law Firm Investigates Merger Transactions
- Merger Investigation: Halper Sadeh LLC is investigating the merger between MasterCraft Boat Holdings, Inc. and Marine Products Corporation, where MasterCraft shareholders are expected to own 66.5% of the combined entity, potentially impacting shareholder rights and future earnings.
- Acquisition Price Analysis: Silicon Laboratories Inc. is set to be sold to Texas Instruments for $231.00 per share in cash, a transaction that could significantly affect shareholder financial interests, prompting Halper Sadeh LLC to seek increased consideration.
- Shareholder Rights Protection: Marine Products Corporation shareholders will receive $2.43 in cash and 0.232 shares of MasterCraft common stock per share, with Halper Sadeh LLC encouraging shareholders to understand their legal rights and options to safeguard their interests.
- Legal Fee Arrangement: Halper Sadeh LLC offers legal services on a contingency fee basis, meaning shareholders will not incur out-of-pocket legal fees when addressing related matters, thereby reducing the financial burden on shareholders and enhancing accessibility to legal support.
See More
MasterCraft Launches Female-Focused Water Initiative
- Program Return: MasterCraft Boat Holdings announces the return of its 2026 'Let Her Rip' initiative, designed to provide a safe, judgment-free environment for women to enhance their boating skills, marking its sixth consecutive year and demonstrating the company's ongoing commitment to female participation in watersports.
- National Tour: The 2026 program will feature six stops, including new locations in Pueblo, Little Rock, Raleigh, and Coeur d’Alene, strategically expanding the brand's presence in key markets to attract more women to boating activities and enhance community engagement.
- Celebrity Coaches: The clinics will be led by elite female athletes, including seven-time world wakesurfing champion Ashley Kidd and world champion wakeboarder Meagan Ethell, offering expert instruction in boat handling and watersports, empowering participants to gain confidence at every skill level.
- Hands-On Opportunities: The 2026 program introduces practical learning experiences in collaboration with Chevrolet, allowing participants to learn how to back up, load, and launch boats, addressing common barriers to boat ownership and enhancing confidence and practical skills on the water.
See More
MasterCraft Revives Female-Focused Let Her Rip Initiative for 2026
- Program Relaunch: MasterCraft Boat Company announces the return of its female-focused Let Her Rip initiative for 2026, aimed at building confidence and skills for women and girls in watersports, marking the sixth year of this impactful program that enhances inclusivity in the industry.
- National Tour Expansion: The 2026 initiative will feature six stops, including new locations in Pueblo, Little Rock, Raleigh, and Coeur d'Alene, strategically designed to deepen MasterCraft's presence in key markets and drive long-term brand growth through expanded community access.
- Female Athlete Leadership: Each clinic will be led by elite female athletes, including Seven-Time World Wakesurfing Champion Ashley Kidd, providing hands-on instruction in driving, docking, and various watersports disciplines, thereby empowering participants to enhance their skills and confidence on the water.
- Innovative Registration System: In response to high demand, MasterCraft will implement a lottery-based registration system for the 2026 program, allowing participants to register starting March 5, with the aim of increasing accessibility and participation in this popular initiative for women and girls.
See More
MasterCraft Launches 2026 Nationwide Tour for Wakeboarding and Wakesurfing
- Event Relaunch: MasterCraft Boat Company, in partnership with the World Wake Association (WWA), announces the 2026 five-stop nationwide tour, marking the brand's first return to supporting amateur wakeboarding and wakesurfing competitions in over a decade, aimed at enhancing participation and community in watersports.
- Event Schedule: The tour will take place from April to June across Georgia, Texas, Michigan, Utah, and North Carolina, with all events exclusively towed by the new MasterCraft X24, ensuring a world-class wake experience that welcomes riders of all ages and abilities.
- Community Engagement: Each stop will feature community-focused activities, including MasterCraft owner gatherings and dealer-hosted rider engagement events, further enhancing the family-friendly atmosphere of the tour and promoting the growth of watersports participation.
- Registration and Eligibility: Competitors must pay a registration fee of $135 per division and hold a valid WWA membership, with event management handled through the WWA Rideline app to ensure participants receive timely updates and information.
See More
Investor Rights Law Firm Investigates Multiple Companies
- Merger Investigation: Halper Sadeh LLC is investigating the merger between MasterCraft Boat Holdings, Inc. and Marine Products Corporation, where MasterCraft shareholders will own 66.5% of the combined entity upon completion, potentially impacting shareholder rights and future earnings.
- Acquisition Price Analysis: Silicon Laboratories Inc. is set to be sold to Texas Instruments for $231.00 per share in cash, a transaction that could significantly affect shareholder financial interests, prompting Halper Sadeh LLC to encourage shareholders to understand their legal rights.
- Cash and Stock Transaction: Webster Financial Corporation is being sold to Banco Santander for $48.75 in cash and 2.0548 Santander American Depository Shares per Webster common share, with terms that may limit competing offers, leading Halper Sadeh LLC to remind shareholders to be aware of their rights.
- Stock Exchange Transaction: Two Harbors Investment Corp. will sell to UWM Holdings Corporation for 2.3328 shares of UWM Class A Common Stock for each share of Two Harbors common stock, with Halper Sadeh LLC representing shareholders in seeking increased consideration and other relief measures to protect their interests.
See More
Investor Rights Law Firm Investigates Merger Transactions
- Merger Investigation: Halper Sadeh LLC is investigating the merger between MasterCraft Boat Holdings, Inc. and Marine Products Corporation, where MasterCraft shareholders are expected to own 66.5% of the combined entity, potentially impacting shareholder rights and future returns.
- Shareholder Rights Protection: The law firm encourages shareholders of MasterCraft, SkyWater Technology, Marine Products, and SunOpta to reach out to discuss their legal rights and options, ensuring fair treatment in the transactions and mitigating potential losses.
- Cash and Stock Transactions: SkyWater Technology is selling for $15.00 in cash and $20.00 in IonQ common stock, Marine Products for $2.43 per share in cash and 0.232 shares of MasterCraft common stock, and SunOpta for $6.50 per share in cash, with these terms potentially affecting shareholder returns.
- Legal Fee Arrangement: Halper Sadeh LLC offers legal services on a contingency fee basis, meaning shareholders do not incur upfront legal costs when addressing these matters, thereby reducing financial risk and encouraging more shareholders to seek legal support to protect their rights.
See More
Investor Rights Law Firm Investigates Merger Transactions
- Merger Investigation: Halper Sadeh LLC is investigating the merger between MasterCraft Boat Holdings, Inc. and Marine Products Corporation, where MasterCraft shareholders are expected to own 66.5% of the combined entity, potentially impacting shareholder rights and future earnings.
- Acquisition Price Analysis: Silicon Laboratories Inc. is set to be sold to Texas Instruments for $231.00 per share in cash, a transaction that could significantly affect shareholder financial interests, prompting Halper Sadeh LLC to seek increased consideration.
- Shareholder Rights Protection: Marine Products Corporation shareholders will receive $2.43 in cash and 0.232 shares of MasterCraft common stock per share, with Halper Sadeh LLC encouraging shareholders to understand their legal rights and options to safeguard their interests.
- Legal Fee Arrangement: Halper Sadeh LLC offers legal services on a contingency fee basis, meaning shareholders will not incur out-of-pocket legal fees when addressing related matters, thereby reducing the financial burden on shareholders and enhancing accessibility to legal support.
See More
