On February 5, 2026, MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) entered into a definitive merger agreement to acquire Marine Products Corporation (NYSE: MPX) in a cash and stock transaction for approximately $232.2 million. The combination of MasterCraft and Marine Products brings together two iconic, market leading American recreational marine companies. The transaction is expected to close later this year.

The King & Spalding Corporate team advising MasterCraft on the transaction includes Keith Townsend, Rob Leclerc, Zack Davis, Billy Padula, Jacob Weber, John Dean, and Jacob Wright.

A press release announcing the transaction can be found here.