Apex Decisions
Apex Decisions is a marine marketplace company specializing in the buying and selling of used boats, with a vertically integrated model that includes brokerage, wholesale inventory acquisition, and financing services.
Profile
Apex Decisions operates a marine marketplace for buying and selling used boats, offering brokerage, financing, and related services.
Apex Decisions is a marine marketplace company specializing in the buying and selling of used boats, with a vertically integrated model that includes brokerage, wholesale inventory acquisition, and financing services. Founded to streamline the marine resale process, the company has grown to become the largest buyer and seller of used boats in the U.S. In May 2026, Apex Marine was acquired by Off The Hook Yachts, a publicly traded company (NYSE American: OTH), for an undisclosed sum consisting of cash, common stock, and seller financing.
This acquisition strengthens Off The Hook's position in South Florida, adding operational infrastructure for storage, service, and resale. Apex Marine's integration is expected to reduce outsourced service costs and improve inventory turnover. The company reported a 9.6% year-over-year revenue increase to $29.8 million in Q1 2026, driven by expanded broker networks and increased pre-owned boat sales. Off The Hook has raised its 2026 revenue guidance to $165–$170 million, reflecting confidence in Apex's contribution to growth.
Who buys this
- Individual boat owners looking to sell their vessels
- Marine dealerships and brokers seeking inventory
- Buyers in the market for pre-owned boats
- Marine service providers needing storage and maintenance infrastructure
Strengths and what to watch
Strengths
- Vertically integrated model combining brokerage, financing, and inventory management
- Strong presence in South Florida, a key marine market
- Backed by Off The Hook Yachts, a publicly traded company with expanded resources
Watch for
- Integration risks post-acquisition by Off The Hook Yachts
- Dependence on seasonal demand in the marine industry
- Potential operational challenges in scaling storage and service infrastructure
Recent moves
Key Information
- Founded
- 2001
- Headquarters
- Minneapolis, Apex Decisions
Frequently Asked Questions
What does Apex Decisions do?
Apex Decisions operates a marine marketplace specializing in buying and selling used boats. The company offers brokerage, financing, and wholesale inventory acquisition services, streamlining the marine resale process and serving individual boat owners, marine dealerships, and buyers.
Who acquired Apex Decisions?
Apex Decisions was acquired by Off The Hook Yachts in May 2026. The acquisition included cash, common stock, and seller financing, strengthening Off The Hook's position in South Florida and enhancing operational infrastructure for storage, service, and resale.
What services does Apex Decisions offer?
Apex Decisions provides brokerage, financing, and wholesale inventory acquisition services for used boats. Their vertically integrated model supports individual boat owners, marine dealerships, and buyers, streamlining the marine resale process and improving inventory turnover.
How has Apex Decisions grown recently?
Apex Decisions reported a 9.6% year-over-year revenue increase to $29.8 million in Q1 2026, driven by expanded broker networks and increased pre-owned boat sales. Off The Hook Yachts raised its 2026 revenue guidance to $165–$170 million, reflecting confidence in Apex's growth.
Who are Apex Decisions' customers?
Apex Decisions serves individual boat owners looking to sell vessels, marine dealerships and brokers seeking inventory, buyers in the market for pre-owned boats, and marine service providers needing storage and maintenance infrastructure.
What are the risks for Apex Decisions post-acquisition?
Post-acquisition risks include integration challenges with Off The Hook Yachts, dependence on seasonal marine industry demand, and potential operational difficulties in scaling storage and service infrastructure.
Sources
- www.sec.gov — Apex Marine acquisition details and financial results
- www.stocktitan.net — Financial trajectory and market position
- finance.yahoo.com — Industry context for tech and marine market trends
- www.informationweek.com — Broader economic and industry trends affecting Apex Decisions