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Off The Hook YS Strikes Agreement To Acquire APEX; Financial Terms Undisclosed

Benzinga·02/20/2026 13:33:30
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Off The Hook YS Inc. (NYSE American: OTH) ("Off The Hook Yachts" or "Off The Hook" or "the Company"), a vertically integrated, AI-powered marine marketplace, the largest buyer and seller of used boats in the nation, today announced it has signed a definitive agreement to acquire APEX, a premier South Florida marine service, storage, and sales organization. The acquisition is expected to close in 60 days pending customary due diligence. The transaction delivers four strategically located South Florida facilities, a highly skilled full-service team, and infrastructure capable of transforming Off The Hook's operational efficiency, refurbishment capacity, and global sales reach.