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Suntex Marinas Taps Goldman to Explore Strategic Options

  • Company is said to weigh raising capital or possible sale
  • Florida marinas are partly owned by Zell’s Equity Lifestyle

Suntex Marinas, an operator of U.S. marinas, is working with Goldman Sachs Group Inc. to explore strategic options including raising capital or a sale, according to people with knowledge of the matter.

The Dallas-based company is seeking funds to fuel growth but may also consider selling itself, a transaction that could be close to $1 billion, said some of the people, who asked not to be named because the matter is private. Representatives for Suntex and Goldman Sachs declined to comment.