Quicksilver

Freedom Boat Club Expansion Further Accelerates Growth of Brunswick’s Recurring Revenue Businesses

Retrieved on: 
Monday, June 6, 2022
ASG, Mercury Marine, Leadership, Coronavirus, Intellectual property, Atwood (surname), Transport, Brunswick Corporation, Bayliner, Electronics, Walmart, Income, Forward-looking statement, News, Policy, Environment, Marine, Mercury, Growth, GLOBE, Private Securities Litigation Reform Act, Risk, Lowe, Ginga Sengoku Gun'yūden Rai, NYSE, COVID-19, Acquisition, BLA, Industry, Water, Oil, Climate change, Freedom Boat Club, BC, Risk management, Lowrance Electronics, Quicksilver, Navico, Simrad

Since Brunswicks acquisition of Freedom in 2019, the company has more than doubled its memberships, locations, and the number of boats in its fleet.

Key Points: 
  • Since Brunswicks acquisition of Freedom in 2019, the company has more than doubled its memberships, locations, and the number of boats in its fleet.
  • The growth in company operated locations has been matched by continued expansion of franchise locations which still account for more than 70 percent of all club locations.
  • The subscription nature of Freedom revenue and earnings contributes to the growing impact of recurring revenue businesses, which also include aftermarket Parts and Accessories (P&A) and repower engine sales, on Brunswicks overall revenue and earnings.
  • Brunswicks recurring revenue businesses already deliver more than 40 percent of total company earnings with a target to exceed 50 percent by 2025.

Ethos Capital Names Stephen Gold as Newest Executive Partner

Retrieved on: 
Wednesday, May 11, 2022
Professional Services, Finance, Investment, PricewaterhouseCoopers, IOT, University, A.S. Watson Group, Ethos Capital, Aberdeen Group, Company, Organization, Honeywell, Capital, General manager, Business development, Deloitte, Ingram Micro, SPSS, ICANN, AT&T, AT, Apollo Education Group, HZO, Gap, Carnegie Mellon University, NBA digital marketing, IBM, Brinks Home Security, VP, American Express, Management, The Walt Disney Company, Quicksilver, Forbes, BT Group, Ethos, Azer Amiraslanov

Mr. Gold is one of 16 Executive Partners, who work exclusively with Ethos to provide portfolio companies with sector-specific expertise to enhance operations and accelerate growth.

Key Points: 
  • Mr. Gold is one of 16 Executive Partners, who work exclusively with Ethos to provide portfolio companies with sector-specific expertise to enhance operations and accelerate growth.
  • Many of the Firms Executive Partners have worked successfully over numerous years with members of Ethos investment team.
  • Ethos Executive Partners support the firms strategy of equal emphasis on both investment and operational expertise.
  • Stephen Gold is an outstanding addition, and we look forward to the impact that he, along with Ethos other Executive Partners, will have on our portfolio.

Freedom Boat Club Acquires Tampa Bay Franchise Operation – the Largest Territory in the Freedom Network

Retrieved on: 
Tuesday, May 10, 2022
ASG, Lake Hartwell, United Kingdom, Atwood (surname), Marine, GLOBE, Brunswick Corporation, Electronics, NYSE, Bayliner, Lowe, Mercury Marine, United, Oil, BLA, Gulf of Mexico, Mercury, Walmart, Freedom Boat Club, Crystal, Acquisition, Ginga Sengoku Gun'yūden Rai, Airline, Lowrance Electronics, Quicksilver, Simrad, Tampa Bay

VENICE, Fla., May 10, 2022 (GLOBE NEWSWIRE) -- Freedom Boat Club, operator of the largest fleet of recreational boats in the world and part ofBrunswick Corporation (NYSE: BC), announced today that it has acquired the Freedom Boat Club of Tampa Bay franchise operation and territory the largest territory in the Freedom network.

Key Points: 
  • VENICE, Fla., May 10, 2022 (GLOBE NEWSWIRE) -- Freedom Boat Club, operator of the largest fleet of recreational boats in the world and part ofBrunswick Corporation (NYSE: BC), announced today that it has acquired the Freedom Boat Club of Tampa Bay franchise operation and territory the largest territory in the Freedom network.
  • Freedom Boat Club entered the Tampa Bay market in 2012 under the leadership of former owner, Glenn Bergoffen.
  • Over the past 10 years, the territory has grown to become the largest franchise in the Freedom network.
  • More information about Freedom Boat Club and membership opportunities can be found at FreedomBoatClub.com and franchise opportunities at FreedomBoatClubFranchise.com.

Brunswick Corporation names Neha Clark Senior Vice President, Enterprise Finance & Brent Dahl CFO, Brunswick Boat Group

Retrieved on: 
Monday, May 9, 2022
ASG, COVID-19, Kraft Foods, Atwood (surname), Marine, Treasury, Enterprise Finance Guarantee, GLOBE, Brunswick Corporation, Mergers & Acquisitions, Electronics, NYSE, Bayliner, Company, Time, Lowe, Mercury Marine, CFO, Oil, BLA, Attention, Mercury, Walmart, Investor relations, Brunswick Boat Group, Freedom Boat Club, Mergers and acquisitions, Growth, Ginga Sengoku Gun'yūden Rai, Management, Lowrance Electronics, Quicksilver, Simrad

METTAWA, Ill., May 09, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) announced today that it has named Neha Clark Senior Vice President, Enterprise Finance replacing Brent Dahl who has been appointed to Chief Financial Officer of Brunswick Boat Group.

Key Points: 
  • METTAWA, Ill., May 09, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC) announced today that it has named Neha Clark Senior Vice President, Enterprise Finance replacing Brent Dahl who has been appointed to Chief Financial Officer of Brunswick Boat Group.
  • Clark joined Brunswick in 2019 as CFO of Brunswick Boat Group and her role expanded over time to also oversee the Boat Group strategy function.
  • During this time, she also successfully served as interim President of Brunswick Boat Group before Aine Denari permanently filled the role.
  • Brent will work very closely with the enterprise finance team, focusing his attention on helping Boat Group execute its robust growth strategy.

Brunswick Corporation Declares Quarterly Dividend

Retrieved on: 
Wednesday, May 4, 2022
ASG, COVID-19, Forward-looking statement, Atwood (surname), Marine, Private Securities Litigation Reform Act, GLOBE, Brunswick Corporation, Policy, Electronics, NYSE, Bayliner, Lowe, Mercury Marine, Oil, BLA, Coronavirus, Climate change, Mercury, Environment, Walmart, Leadership, Income, Freedom Boat Club, Intellectual property, EPS, News, Transport, Risk, Ginga Sengoku Gun'yūden Rai, Holding company, Risk management, Navico, Lowrance Electronics, Quicksilver, Simrad

METTAWA, Ill., May 04, 2022 (GLOBE NEWSWIRE) -- The board of directors of Brunswick Corporation (NYSE: BC) has declared a quarterly dividend on its common stock of $0.365 per share.

Key Points: 
  • METTAWA, Ill., May 04, 2022 (GLOBE NEWSWIRE) -- The board of directors of Brunswick Corporation (NYSE: BC) has declared a quarterly dividend on its common stock of $0.365 per share.
  • The dividend will be payable on June 15, 2022, to shareholders of record at the close of business on May 18, 2022.
  • We remain committed to delivering long-term value for our shareholders as we are executing operationally and against our strategic plan, said Dave Foulkes, Brunswick Corporation CEO.
  • Certain statements in this news release are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995.

Brunswick Corporation Brands Win Seven Top Product Awards from Boating Industry Magazine

Retrieved on: 
Thursday, April 28, 2022
ASG, Brunswick Corporation, H22, International Boat Industry, Lowe, Electronics, Mercury Marine, JPO, Â, Grand Marnier, Ginga Sengoku Gun'yūden Rai, Freedom Boat Club, BLA, Oil, Marine, Bayliner, Industry, Quicksilver, Mercury

From boat models across a multitude of segments to various components going into the build process, Brunswick Corporation and its companies continue to make boating easier and more accessible to all, said Adam Quandt, Editor-in-Chief, Boating Industry.

Key Points: 
  • From boat models across a multitude of segments to various components going into the build process, Brunswick Corporation and its companies continue to make boating easier and more accessible to all, said Adam Quandt, Editor-in-Chief, Boating Industry.
  • On behalf of the entire Brunswick organization, we would like to thank Boating Industry for their commitment to recognizing the most innovative products in the industry and honoring seven of our products in this years Top Product Awards, said Dave Foulkes, Brunswick Chief Executive Officer.
  • These awards, and others like it, emphasize our position of global product leadership and bring to life the technological synergies across our enterprise.
  • The 2022 Top Products Awards and feature can be seen in this months edition of Boating Industry Magazine, and the full list is available online at BoatingIndustry.com.

Brunswick Corporation Releases First Quarter 2022 Earnings

Retrieved on: 
Thursday, April 28, 2022
ASG, Brunswick Corporation, NYSE, Lowe, Electronics, Mercury Marine, Internet, Mercury, Income, GLOBE, Leadership, Policy, Private Securities Litigation Reform Act, COVID-19, Forward-looking statement, Risk, Ginga Sengoku Gun'yūden Rai, Company, Walmart, Telephone, Intellectual property, Access, Freedom Boat Club, Transport, Oil, BLA, News, Atwood (surname), EDT, Form, Coronavirus, Marine, Bayliner, Password strength, Environment, CDT, Climate change, Risk management, Quicksilver, Simrad, Lowrance Electronics, Navico

METTAWA, Ill., April 28, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its first quarter 2022 financial results.

Key Points: 
  • METTAWA, Ill., April 28, 2022 (GLOBE NEWSWIRE) -- Brunswick Corporation (NYSE: BC), today, released its first quarter 2022 financial results.
  • The results will also be available on the SECs website with the Form 8-K filing of the release at https://goo.gl/wJQN1 .
  • A copy of the presentation to be used on this call will be available when the results are released as noted above.
  • A replay of the conference call will be available through 1 p.m. CDT Thursday May 5, 2022, by calling 877-660-6853 or 201-612-7415 (Access ID: 13728759).

Freedom Boat Club Doubles in Size Since Brunswick Acquisition; Announces 350th Location

Retrieved on: 
Wednesday, April 27, 2022
Freedom Boat Club, Entrepreneur (magazine), Oil, Subaru Industrial Power Products, Intention, Lowe, Mercury Marine, GLOBE, Ginga Sengoku Gun'yūden Rai, Growth, Bayliner, Electronics, Brunswick Corporation, Mercury, Michigan Israel Business Accelerator, United Kingdom, NYSE, Industry, BLA, Acceleration, Marine, 350th Electronic Systems Wing, Airline, Quicksilver, Atwood (surname), Whale

The 350th location will be in Silkeborg, Denmark Freedoms first club location in Scandinavia and a further demonstration of Freedoms successful European growth strategy.

Key Points: 
  • The 350th location will be in Silkeborg, Denmark Freedoms first club location in Scandinavia and a further demonstration of Freedoms successful European growth strategy.
  • To learn more about Freedom Boat Club and the franchise opportunities available, visit: freedomboatclubfranchise.com .
  • Freedom Boat Club, a division of Brunswick Corporation (NYSE: BC) and headquartered in Venice, FL., is the worlds oldest and largest boat club with more than 350 locations in 34 states, Canada, and Europe.
  • More information about Freedom Boat Club and membership opportunities can be found at www.FreedomBoatClub.com and franchise opportunities at www.FreedomBoatClubFranchise.com.

Brunswick Corporation Named to Forbes’ List of America’s Best Employers for Diversity for the Third Consecutive Year

Retrieved on: 
Wednesday, April 27, 2022
Freedom Boat Club, Disability, National Society of Black Engineers, Diversity, Mercury Marine, GLOBE, Program, Electronics, Mercury, United, AIM, Acquisition, Water, ELC, World of Warcraft, Worldwide Power Products, Woman, Inclusion, Workforce, Bayliner, Brunswick Corporation, Society of Women Engineers, Organization, Engineering, Inclusivism, Lowe, BVN, Russia women's national water polo team, Society, Communication, National Society, Industry, BLA, OLA, Forbes, Leadership, Culture, Oil, DEI, Ginga Sengoku Gun'yūden Rai, TIDE, NYSE, Management, Creative industries, Risk management, Atwood (surname), Whale, Equity, Quicksilver

METTAWA, Ill., April 26, 2022 (GLOBE NEWSWIRE) -- Recognizing its strong and ongoing commitment to being a diverse and inclusive employer, Forbes has named Brunswick Corporation (NYSE:BC) to its 2022 list of Americas Best Employers for Diversity for the third consecutive year.

Key Points: 
  • METTAWA, Ill., April 26, 2022 (GLOBE NEWSWIRE) -- Recognizing its strong and ongoing commitment to being a diverse and inclusive employer, Forbes has named Brunswick Corporation (NYSE:BC) to its 2022 list of Americas Best Employers for Diversity for the third consecutive year.
  • Of the 500 companies honored, Brunswick ranked among the top 35 percent overall and in the Top 10 in the Engineering and Manufacturing category.
  • We are pleased to once again receive this recognition from Forbes and are proud of the work were doing to increase diversity and strengthen inclusion and belonging across the Brunswick enterprise, said Jill Wrobel, Chief Human Resources Officer, Brunswick Corporation.
  • Diversity among top executives, evaluations from employees at other companies, positions responsible for diversity and communication of diverse company culture were also taken into consideration.

Brunswick Corporation Enters Next Phase of Shared-Access and Pre-Owned Boat Strategy with Southeast Acquisitions

Retrieved on: 
Thursday, April 21, 2022
Eclipse, ASG, News, Freedom Boat Club, Climate change, COVID-19, Oil, Time, Atwood (surname), Lowe, Transport, J&R, Leadership, Mercury Marine, GLOBE, Private Securities Litigation Reform Act, Ginga Sengoku Gun'yūden Rai, Ownership, Bayliner, Electronics, Intellectual property, Brunswick Corporation, Mercury, Michigan Israel Business Accelerator, Environment, Business, Forward-looking statement, NYSE, Policy, Coronavirus, Income, Walmart, Acquisition, BLA, Acceleration, Risk, Marine, Canal, Risk management, Quicksilver, Lowrance Electronics, Simrad, Navico

The specific transaction includes: the Freedom Boat Club of Lake Hartwell Franchise territory with two club locations; four marinas; and Eclipse Marine Group, a leading boat dealer in the Southeast with four locations.

Key Points: 
  • The specific transaction includes: the Freedom Boat Club of Lake Hartwell Franchise territory with two club locations; four marinas; and Eclipse Marine Group, a leading boat dealer in the Southeast with four locations.
  • Brunswick today also announced that Freedom Boat Club will acquire the Freedom Boat Club of Lake Lanier franchise operations and territory.
  • These acquisitions enable opportunities across a wide spectrum, building upon the growth Brunswick has cultivated throughout its shared access portfolio and new digital platforms.
  • I look forward to joining the Brunswick team and continuing to run our very successful business here in the Southeast.