Sunday, July 5, 2015

The Carlyle Group acquires Lauderdale Marine Center

The Carlyle Group has acquired the largest yacht repair facility in the nation, the Washington D.C.-based company announced Wednesday. Lauderdale Marine Center will undergo minor renovations and several expansions, the global asset manager (Nasdaq: CG) said in a statement. Its immediate plans for the property include adding pavement to the southwest corner of the property for additional mega-yacht repair space, completing the renovations adjacent to the River Bend boatyard and developing a new management…

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