YachtWorld explained

YachtWorld
Type:Private
Area Served:Worldwide
Key People:Patrick Kolek, CEO
Industry:Advertising
Products:Media
Parent:Permira
Foundation:1995, Seattle
Location City:Miami, Florida
Location Country:United States
Homepage:yachtworld.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 Landmark Media Enterprises and Cox Enterprises. In September 2006, Landmark Media Enterprises and Cox Enterprises split the assets of Trader Publishing and YachtWorld became part 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.

External links

Notes and References

  1. Web site: Company Overview of YachtWorld.com. https://archive.today/20131212165101/http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=723306. dead. December 12, 2013. Bloomberg Businessweek. 12 December 2013.
  2. News: YachtWorld debuts new iPad app. Soundings Trade Only. 6 December 2012. Essex, CT 06426. 6 December 2012.
  3. Web site: New owner for Dominion Marine Media. Boating Industry. 19 July 2016. Boating Industry. 3 October 2016.
  4. Web site: Dominion Marine Media Announces Company Name Change to Boats Group. Boats Group. 17 February 2017. Boats Group. 17 February 2017.
  5. Web site: Miami Herald. Boats Group moves headquarters. Miami Herald. 20 June 2017.
  6. Web site: The Times. Boat buyers’ bible gets new owner in private equity deal. The Times. 19 July 2021.
  7. Web site: Permira. Company Information. Permira. 20 July 2021.
  8. Web site: YachtWorld releases Q1 2017 brokerage sales report. Liestman . Brianna. June 5, 2017. Boating Industry. June 11, 2019.

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