MARYVILLE, TENN. - Marine Accessories Corporation (MAC) has added marine industry veteran Rick Stone to its Board of Directors in an advisory capacity. For more than two decades, Stone held positions of leadership within Sea Ray and Brunswick Corporation, including serving multiple years as President of the Sea Ray Boat Group. Stone holds an undergraduate degree in accounting and has completed executive management development through Harvard Business School. "I welcome the opportunity help MAC continue to deliver exciting new products and profitability," said Stone.
 
"We are delighted to have Rick join our Board as an Advisory Director," said Rick Reyenger, MAC’s Chief Executive Officer. "His marine industry experience, financial background and strategic focus will be a great resource for myself and our Board of Directors."
 
Located in Maryville, Tennessee, MAC is the parent company of leading brands in the wakeboard tower and marine canvas segments including Xtreme Tower Products (XTP), Monster Tower, Great Lakes Boat Top and Westland Industries. MAC is owned by Blue Sage Capital, a private equity firm based in Austin, Texas and Tenth Street Capital, a private mezzanine debt and equity investment firm based in Chattanooga and Nashville, TN.
 
Blue Sage Co-Founder and Managing Member Jim McBride said, "Rick Stone is a seasoned marine industry veteran with a keen eye for the bottom line. We look forward to his contribution as part of the MAC Board."
 
About Marine Accessories Corporation
Marine Accessories Corporation (MAC) is a leading manufacturer of marine canvas and watersports towers to OEM and aftermarket customers worldwide. MAC canvas companies include Great Lakes Boat Top and Westland Industries; MAC towing solutions include Xtreme Tower Products and Monster Tower wakeboard towers.
 
About Blue Sage Capital
Blue Sage Capital is an Austin, Texas-based private equity firm specializing in growth, recapitalization and buyout financings of smaller middle market companies. Most of Blue Sage’s investments are in established, profitable companies with $25 million to $100 million of revenue and $5 million to $10 million of cash flow at the time of investment. Blue Sage invests in a variety of industries, with each initial investment typically ranging from $10 million to $20 million. For more information regarding Blue Sage, please visit bluesage.com or contact Jim McBride or Eric Weiner at (512) 536-1900.
 
About Tenth Street Capital
Tenth Street Capital provides debt and equity capital to lower-middle market companies in support of growth, acquisitions and recapitalizations. With operating, lending and investing experience, Tenth Street Capital invests in a variety of industries across the country. For more, visit tenthstreet.com.