Saothair Capital Partners Acquires MJM Yachts

September 5, 2023

Saothair Capital Partners acquired the business and assets of MJM Yachts through a newly formed affiliate, Seolta Holdings, LLC. Peter Johnstone will serve as President and CEO of Seolta as Saothair provides capital and operational support to expand MJM's manufacturing capabilities and grow the MJM luxury yacht brand.

Buyers
Saothair Capital Partners, LLC, Seolta Holdings, LLC
Targets
MJM Yachts
Platforms
Seolta Holdings, LLC
Industry
Manufacturing
Location
North Carolina, United States
Transaction Type
Buyout

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