Island Capital bids on MarineMax yachting, marina businessnews Fayaz Hussain 10 Jul 24 0Private equity firm Island Capital Group (ICG) has offered to acquire the MarineMax yachting and marine business for $480m. “We propose acquiring the YMRS assets… Read more
Rolls-Royce acquires Team Italia and Onyx Marinenews Superyacht Investor Contributor 4 Jul 23 0Rolls-Royce Power Systems has acquired bridge integration and ship automation technology company Team Italia and its subsidiary, Onyx Marine. The acquisition follows the collaboration between… Read more
Viasat completes Inmarsat acquisitionnews Superyacht Investor Contributor 31 May 23 0Viasat has completed the acquisition of Inmarsat in a multi-hundred-million-dollar deal. The global communications company said the merger will deliver improved connectivity and key safety… Read more
Sarnia Yachts acquired by Praxisnews Superyacht Investor Contributor 22 May 23 0Sarnia Yachts has been acquired by private wealth and corporate services provider Praxis. Following the transition, majority shareholder and Sarnia Yachts CEO, Tim Joyce (pictured… Read more
Sanlorenzo secures controlling stake in luxury furniture firm Duerrenews Superyacht Investor Contributor 5 May 23 0Sanlorenzo has secured a controlling stake in luxury furniture company Duerre. The Italian shipyard signed a binding offer to acquire a further 33% stake in… Read more
The Italian Sea Group buys luxury furniture company Celinews Superyacht Investor Contributor 18 Apr 23 0The Italian Sea Group (TISG) has bought Italian luxury furniture company Celi after securing 100% control of its shares. The acquisition represents the first step… Read more
Sanlorenzo buys 49% share of Sea Energynews Superyacht Investor Contributor 28 Mar 23 0Sanlorenzo has acquired a 49% stake in yachting electrical systems installation firm, Sea Energy for a fee in the region of €2.7m ($2.9m). Massimo Perotti,… Read more
Safe Harbor Marinas acquires Savannah Yacht Centernews Superyacht Investor Contributor 27 Mar 23 0Safe Harbor Marinas has acquired superyacht storage and service facility Savannah Yacht Center (pictured) for an undisclosed fee. The purchase was part of a deal… Read more
Sanlorenzo outlines plan for growth and expansionnews Superyacht Investor Contributor 21 Mar 23 0Sanlorenzo has outlined its business plan for 2023 to 2025 following its strong financial performance in 2022. The Italian shipyard also revealed its intentions of… Read more
Ferretti Group acquires €40m production site in Ravenna, Italynews Superyacht Investor Contributor 21 Mar 23 0The Ferretti Group has acquired a 70,000sqm production site in Ravenna, Italy for €40m. The Italian shipbuilder will also invest a further €40m over the… Read more
Northrop & Johnson acquires Fairport Yacht Supportnews Superyacht Investor Contributor 10 Mar 23 0Northrop & Johnson has acquired Florida based yacht management company Fairport Yacht Support. The firm specialises in operational management. According to Northrop & Johnson, the… Read more
Rossetti Superyachts confirm Rosetti Marino’s ownershipnews Superyacht Investor Contributor 1 Mar 23 0Rosetti Marino has confirmed Rosetti Superyachts is not for sale, following incorrect media reports that it was looking for a buyer. The shipyard also said… Read more
Princess Yachts acquired by KPS Capital Partnersnews Superyacht Investor Contributor 15 Feb 23 0The majority of Princess Yachts shares have been acquired by US private equity firm, KPS Capital Partners. The deal is expected to close in the… Read more