FOR IMMEDIATE RELEASE

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BOE Marine Acquires METCo to Expand Service Capabilities

 

February 22, 2022 10:07 AM Eastern Standard Time

 
STEVENSVILLE, Maryland--  BOE Marine, a leading provider of marine electronics and outfitting, has acquired METCo – Marine Electronics of the Treasure Coast, a market leading marine electronics sales, service and installation company located in Stuart, FL. The acquisition closed on February 4th.
 
 

BOE Marine currently operates one of the highest volume e-commerce sites in the world for marine electronics, and operates a world class installation facility and showroom servicing the mid-to-upper Chesapeake Bay. 

 

METCo, Marine Electronics of the Treasure Coast, has over 22 years of experience serving the Treasure Coast of Florida, providing sales, service and installation from their offices in Stuart. 

 

“The move to acquire METCo felt right for all parties involved, said Jim Maier, BOE Marine Co-Founder.  “Their operation was incredibly similar to ours, with a priority placed on quality work, and customer service, the culture and processes were a perfect fit.”

 

BOE Marine has been on a steady growth pattern since its founding in 2002. That growth can continue through acquisition into new markets, all supported by a robust IT and retail infrastructure.  “Stuart is obviously a great market for us to move into.” Says Emily Wille, COO, “What really moved it to the top of our list was the incredible team and operation that we found in METCo. We will hit the ground running with a top shelf crew.”

 

Customers local to METCo will see business continue as usual. The same great team of office staff and technicians will continue to provide the expert service and friendly support they are known for. Some new additions will include a broader offering of products to include safety items, and additional brands of marine electronics. “I only saw upside in this acquisition”, says Mark Palazzo, METCo’s Founder, “We can still provide our core services, and continue to expand locally with the many resources BOE will be ble to provide.”

 

BOE Marine Co-Founder Beth Maier, added “We are thrilled to welcome the METCO team members into the BOE family and share BOE Marine’s enhanced benefits. We are focused on increasing our services as we create a network of BOE-branded service locations nationwide.”

 

About BOE Marine: BOE Marine started in 2002 as an exclusive boat outfitting company known widely on the East Coast. Over the years, BOE Marine has grown into the #1 boat outfitter in Maryland, an e-commerce powerhouse for marine electronics nationwide, and a premier Maryland RV dealer.

 

 

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Mark Palazzo (left) of METCo shaking hands with BOE Marine owner, Jim Maier (right).

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