Boats Group

Boats Group is a Miami, Florida, United States, based[1] advertising and software company for the marine industry with niche titles: YachtWorld, BoatTrader.com, boats.com, Annonces du Bateau, Boten te Koop, Cosas de Barcos, Boatshop24, Boats and Outboards, YachtCloser, Click and Boat and Trident Funding.[2] In addition to Miami, Boats Group has operations in Fareham, Padova and Barcelona. Boats is owned by Permira.[3]

History

  • Dominion Marine Media (DMM) was established in May 2011, following the bringing together of all Dominion Enterprises marine assets; Boat Trader with YachtWorld and boats.com.
  • In 2014, DMM acquired Cosas de Barcos.[4]
  • In July 2016, Funds advised by Apax Partners[5] announced that they had entered into a definitive agreement to acquire Dominion Marine Media ("DMM"), from Dominion Enterprises, a subsidiary of Landmark Media Enterprises.[6][7]
  • January 30, 2017, Dominion Marine Media acquires YachtCloser[8]
  • On February 17, 2017, Dominion Marine Media (DMM) rebranded to Boats Group, LLC.[9]
  • June 1, 2017, Boats Group moves headquarters to Miami.[10]
  • January 10, 2020, Boats Group buys Annonces du Bateau.[11]
  • October 6, 2020, Apax Partners Boats Group acquires Dutch boating marketplaces Botentekoop.nl, Boten.nl and Botenbank.nl from Arimpex Media Solutions.[12]
  • December 30, 2020, Boats Group sold by Apax Partners to Permira for an undisclosed price.[13]
  • January 25, 2021, Boats Group acquires European online boat marketplaces, Boatshop24 and Boats and Outboards, from media group.[14]
  • July 19, 2021, Boats Group makes an investment in Click and Boat.[15]

News

References

  1. Miami Herald. Boats Group decides Miami is the place to be, anchors headquarters Miami Herald, retrieved 1 June 2017^
  2. Boats Group. Company Information Boats Group, retrieved 29 June 2022^
  3. Permira. Company Information Permira, retrieved 19 July 2021^
  4. Grupo Intercom. Dominion Marine Media acquires Cosasdebarcos Grupo Intercom, retrieved 26 September 2014^
  5. Apax. Company Information Apax Partners, retrieved 19 July 2016^
  6. Boating Industry. New owner for Dominion Marine Media Boating Industry, 19 July 2016, retrieved 3 October 2016^
  7. Apax. Company Information Apax, retrieved 3 October 2016^
  8. Dominion Marine Media acquires YachtCloser Soundings, Trade Only Today, 10 July 2016, retrieved 3 March 2017^
  9. Boats Group. Dominion Marine Media Announces Company Name Change to Boats Group Boats Group, 17 February 2017, retrieved 17 February 2017^
  10. Soundings Trade Only Today. Boats Group moves headquarters Soundings Trade Only Today, retrieved 20 June 2017^
  11. Boats Group buys Annonces du Bateau Boating Business, retrieved 19 July 2021^
  12. International Boat Industry. Apax Partners Boats Group acquires another leading online marketplace IBI, retrieved 19 July 2021^
  13. The Times. Boat buyers' bible gets new owner in private equity deal The Times, retrieved 19 July 2021^
  14. Marine & Maritime. Boats Group acquires European online boat marketplaces from media group Marine & Maritime, retrieved 19 July 2021^
  15. Forbes. Boats Group significant investment in Europe's leading boat rental platform Click and boat Forbes, retrieved 19 July 2021^