InfraVia buys Mediterranean marina operator D-Marin from CVC in ~€1B deal
What's the deal? InfraViaDealroom has a profile for this one. Try Dealroom →, a European private equity firm, has agreed to acquire premium marina operator D-MarinDealroom has a profile for this one. Try Dealroom → from CVCDealroom has a profile for this one. Try Dealroom →, buying the business through its InfraVia European Fund VI alongside D-MarinDealroom has a profile for this one. Try Dealroom →'s management. Recent reporting suggested the sale could value the operator at around €1 billion. The transaction is expected to close in 2026, subject to customary approvals.
What does D-Marin do? Founded in 2003 and acquired by CVCDealroom has a profile for this one. Try Dealroom → in 2020, D-MarinDealroom has a profile for this one. Try Dealroom → runs 28 premium marinas across nine countries in the Mediterranean. It serves more than 50,000 customers a year through over 14,300 berths, including more than 1,000 superyacht berths, plus 12 boatyards servicing over 2,500 yachts annually.
What's the rationale? InfraViaDealroom has a profile for this one. Try Dealroom → plans to fund the next phase of growth by investing in the marina network, customer offering, and digital capabilities. It brings experience in transportation, maritime, and leisure infrastructure. “This is a compelling infrastructure opportunity in a sector where scale, quality of locations and customer experience are key differentiators,” said InfraVia partner Athanasios Zoulovits.
Why now? The sale marks an exit for CVCDealroom has a profile for this one. Try Dealroom →, which says it transformed D-MarinDealroom has a profile for this one. Try Dealroom → “from a hidden gem into the clear market leader in premium marinas” during its ownership since 2020, in the words of CVC’s István Szőke. InfraViaDealroom has a profile for this one. Try Dealroom →, Igneo Infrastructure PartnersDealroom has a profile for this one. Try Dealroom →, and I Squared CapitalDealroom has a profile for this one. Try Dealroom → were all reported in the auction’s final round in June 2026.
What's the endgame? InfraViaDealroom has a profile for this one. Try Dealroom → sees room to expand the network in a fragmented market and accelerate digitalisation. It frames marinas as critical transportation and leisure infrastructure that “requires long-term private capital to provide scale and know-how to modernise and expand,” Zoulovits said.
The signal: The deal shows infrastructure funds pushing further into high-end coastal and leisure assets, treating premium marinas as long-duration infrastructure rather than discretionary hospitality. With scarce locations and growing yachting demand, operators can grow through capex, digitisation, and network expansion — a thesis drawing specialist bidders to asset-heavy, cash-generative leisure businesses.
Read more: InfraVia Capital
Image credit: Alexandre Prevot
