Northrop & Johnson acquires Fairport Yacht Support
Northrop & Johnson has acquired Florida based yacht management company Fairport Yacht Support. The firm specialises in operational management.
According to Northrop & Johnson, the Fairport Yacht Support acquisition furthers its aim to cover every aspect of superyacht ownership in North America and Europe. The purchase comes 10 months after Northrop & Johnson bought Superyacht Management (SYM) in Golfe Juan on France’s Côte d’Azur.
“This expansion of Northrop & Johnson services will drive even greater client satisfaction,” said Daniel Ziriakus, president and chief operating officer, Northrop & Johnson. “Together with Fairport and SYM, we are making the yacht ownership experience as seamless as possible.”
The new partnership will offer the companies’ clients a range of services that include buying, selling, chartering, building, crewing, insurance, yacht management and charter management.
Graeme Lord, CEO, Fairport Yacht Management said the move will enable the firm to grow and provide better experiences for yacht owners. “We are thrilled to be a part of this powerhouse full-service brokerage that offers everything an owner could need.”