YachtWorld

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YachtWorld
Permira
Websiteyachtworld.com

YachtWorld is based in Miami that operates a boat sales platform with Multiple listing service, enabling professional yacht brokers, dealers and manufacturers to sell yachts. Jessica Muffett first founded YachtWorld in March 1995,[1] semi-retiring as Publisher Emeritus in 2006. YachtWorld is now a subsidiary of Permira.

History

YachtWorld.com was established in March 1995. In 2000, it became part of boats.com, Inc. and in September 2004, Boats.com, Inc was purchased by Trader Publishing Company, a joint business venture of

Dominion Marine Media, a subsidiary of Dominion Enterprises, LLC which was, in turn, a subsidiary of Landmark Media Enterprises
. In 2012, YachtWorld launched an iPad application.[2] and in 2015 relaunched its websites to be full responsive. On August 1, 2016, Apax Partners acquires Dominion Marine Media[3] and on February 17, 2017, Dominion Marine Media (DMM) is rebranded to Boats Group, LLC.[4] June 1, 2017, Boats Group including YachtWorld decides Miami is the place to be, anchors headquarters.[5] December 30, 2020, YachtWorld with Boats Group sold by Apax Partners to Permira for an undisclosed price.[6] Today, Sam Fulton is CEO at Boats Group which includes the leading marine brands of YachtWorld, Boat Trader, boats.com, Cosas de Barcos and YachtCloser.[7]

YachtWorld Market Index

Boats Group, a subsidiarity of Permira publishes YachtWorld Market Index. A report that provides global sales information to the marine industry. The index is released every quarter[8]

News

"Brexit creating buying opportunity for British yachts: YachtWorld. CNBC. July 10, 2016.

References

  1. ^ "Company Overview of YachtWorld.com". Bloomberg Businessweek. Archived from the original on December 12, 2013. Retrieved 12 December 2013.
  2. ^ "YachtWorld debuts new iPad app". Essex, CT 06426: Soundings Trade Only. 6 December 2012. Retrieved 6 December 2012.{{cite news}}: CS1 maint: location (link)
  3. ^ Boating Industry (19 July 2016). "New owner for Dominion Marine Media". Boating Industry. Retrieved 3 October 2016.
  4. ^ Boats Group (17 February 2017). "Dominion Marine Media Announces Company Name Change to Boats Group". Boats Group. Retrieved 17 February 2017.
  5. ^ Miami Herald. "Boats Group moves headquarters". Miami Herald. Retrieved 20 June 2017.
  6. ^ The Times. "Boat buyers' bible gets new owner in private equity deal". The Times. Retrieved 19 July 2021.
  7. ^ Permira. "Company Information". Permira. Retrieved 20 July 2021.
  8. ^ Liestman, Brianna (June 5, 2017). "YachtWorld releases Q1 2017 brokerage sales report". Boating Industry. Retrieved June 11, 2019.

External links