Sorfam Capital Acquires Century Boats (All Craft Marine)

Century Boats Acquires Vanquish Boats

April 23, 2020

Manufacturing

Century Boats has acquired luxury boatmaker Vanquish Boats and will reintroduce the line under the Century Coronado name. Production will be moved to Century’s main facility in Zephyrhills, Florida; Vanquish owner Morgan Huntley will remain on staff as Chief Operating Officer to lead production and product development. The deal expands Century’s model portfolio, dealer distribution and service network.

Saronic Acquires Gulf Craft to Accelerate Autonomous Shipbuilding

April 16, 2025

Manufacturing

Saronic acquired Gulf Craft, a Louisiana-based shipbuilder, to establish a prototyping and production hub for its medium unmanned surface vessel (MUSV) program, beginning with the 150-foot ASV "Marauder." The deal gives Saronic nearly 100 acres in Franklin, Louisiana, retains Gulf Craft's workforce, and includes a planned $250 million investment in yard upgrades and capacity to scale production (with plans to add 500+ jobs over the next 3–4 years).

MarineMax Acquires Midcoast Construction Enterprises (Midcoast Marine Group)

December 5, 2022

Construction

MarineMax, Inc. acquired Midcoast Construction Enterprises, LLC (Midcoast Marine Group), a Central Florida–based full-service marine construction company, adding marina development capabilities, specialized equipment, and waterfront real estate in Tarpon Springs, Florida. Midcoast founder and CEO Jack Fulford will continue to run the business as part of MarineMax's expanding marina and services platform.

Permira Acquires Majority Stake in Boats Group from Apax Partners

December 29, 2020

E-Commerce

A company backed by the Permira funds has agreed to acquire a majority stake in Boats Group from funds advised by Apax Partners. Boats Group, a Miami-based online classifieds marketplace and technology provider for the recreational marine industry (brands include YachtWorld, Boat Trader and boats.com), will partner with Permira to expand internationally and develop new products and services; financial terms were not disclosed.

Malibu Boats Acquires Pursuit Boats from S2 Yachts

October 16, 2018

Manufacturing

Malibu Boats, Inc. has acquired the assets of Pursuit Boats from S2 Yachts, Inc., adding a leader in the saltwater outboard fishing boat market to Malibu's portfolio. Angle Advisors acted as exclusive advisor to S2 on the divestiture; the Slikkers family will retain ownership of Tiara Yachts under the S2 umbrella.

Sycamore Partners Acquires Azamara from Royal Caribbean Group

March 19, 2021

Transportation

Sycamore Partners completed an all-cash purchase of the Azamara brand, including its three-ship fleet and associated intellectual property, from Royal Caribbean Group for $201 million. Royal Caribbean divested Azamara to focus on its core brands while Sycamore aims to support and grow the upmarket cruise line.