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Snag-A-Slip, an Online Boat Slip Reservation Firm, Acquires Marinalife

Acquisition Positions Snag-A-Slip as Leader in Boat Slip Reservations and Concierge Services

BALTIMORE--(BUSINESS WIRE)-- Snag-A-Slip, an online boat slip reservation company, announced today that it has acquired Marinalife, a leading source for premium content, marina information and cruising concierge services. The move solidifies Snag-A-Slip as a leader in the boat slip reservation industry and boosts the company’s focus on concierge services and the overall customer experience. The acquisition will further support the company’s sales and marketing efforts around the country, and in the Caribbean.

“This is an exciting moment for Snag-A-Slip,” said Dan Cowens, Founder, Snag-A-Slip. “All of us at Snag-A-Slip have a great deal of respect for the Marinalife product and team. We share a similar passion for boating and our mission is the same – to encourage boaters to explore the waterways and enjoy great destinations. We look forward to growing together as we create new experiences for marinas and boaters alike.”

The announcement comes on the heels of the close of Snag-A-Slip’s Series A round, which closed at $4.8 Million in funding led by Claritas Capital. Acquiring Marinalife is a key step for Snag-A-Slip as it eyes rapid expansion in the United States and key international markets, and rolls out inspirational content geared towards cruising and marina destinations.

“By joining forces, both Snag-A-Slip and Marinalife will expand offerings and provide a more comprehensive experience for boaters and marinas,” said Joy McPeters, Founder and CEO, Marinalife. “This partnership combines decades of experience, customer service and premium content with new technology, enhanced resources and a passionate and skilled team. The possibilities are endless and very exciting.”

Joy McPeters will join Snag-A-Slip as Chief Strategy Officer.

Marinalife connects more than 60,000 active boaters with thousands of marina partners across the country and beyond. Through its web, mobile and magazine platforms, Marinalife will continue to provide boaters with detailed marina information, travel resources, itineraries and destination guides.

About Snag-A-Slip

Snag-A-Slip is a Baltimore-based company that connects boaters with available slips, while also showcasing marinas via digital channels in the same way that hotels are promoted digitally. The mobile-responsive website and mobile apps allow boaters to explore marinas by region, city or marina name and then search for slip availability based on travel dates, length, beam, draw and power requirements. Boaters can pick their preferred marina based on amenities, location and availability and book immediately with any credit card. There are no booking fees associated with the service, which is now available from Canada through the Caribbean. Snag-A-Slip mobile apps are now available for free download on the App Store and Google Play.

About Marinalife

Marinalife provides premium content and valuable services for all types of boaters. The Marinalife Cruising Club membership offers boaters access to detailed marina information, travel resources including trip itineraries and destination guides to make their next boating adventure stress-free. In addition, the Marinalife magazine, a quarterly travel and lifestyle publication, provides boaters with entertaining and useful articles about destinations, marinas, cruising stories, captain's tips and more. For more information visit: www.marinalife.com; call: 1-800-736-8275 or e-mail: info@marinalife.com

View source version on businesswire.com: http://www.businesswire.com/news/home/20171102005892/en/

Snag-A-Slip
Paige Holden, VP of Marketing
Cell: 201-388-1074
paige@snagaslip.com

Source: Snag-A-Slip