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Bain Capital makes fourth marina acquisition
Transactions - JANUARY 9, 2026

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Bain Capital makes fourth marina acquisition

by Released

BlueWater Marinas has acquired Kent Narrows Boatel (KNB), a class A, heated drystack marina located just outside of Annapolis in Kent Narrows, Md. KNB will be the fourth marina added to the Bain Capital/BlueWater portfolio.

KNB opened in 2017 and has since become a cornerstone of the local boating community, given its commitment to quality operations and an impeccable physical plant. Situated off the Bay Bridge on the upper Chesapeake Bay and surrounded by popular waterways, the Boatel is conveniently located on Kent Island and serves as a premier access point to many of the Chesapeake Bay’s most-sought-after waterways, with nearby waterfront dining, in-shore fishing, watersports, and popular day-trip destinations. The property offers 375 slips for annual, seasonal, and winter storage and boasts more than 12,000 square feet of ground-level commercial space.

Andrew Terris, a partner at Bain Capital Real Estate, said, “Kent Narrows Boatel is an outstanding addition t

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