YachtWorld Releases Q2 Market Index for 2016

Just released, the 2016 Q2 YachtWorld Market Index provides year-to-date sales in the combined yacht brokerage market for the U.S. and Europe. Compared to the previous year, slow U.S. sales in May and June offset the rally that took place in Europe with sales up 4...

Funds advised by Apax Partners to acquire Boats Group

New York and Norfolk, Virginia, July 18, 2016 – Funds advised by Apax Partners today announced that they have entered into a definitive agreement to acquire Dominion Marine Media (“Boats Group”), the leading global marine classifieds marketplace and marketing software...

Brexit Delivers Bargain Pricing for U.S. Buyers

The British pound (GBP) hit a 30-year low against the U.S. dollar (USD) after the Brexit referendum’s results were released, immediately creating an opportunity for American buyers with dollars to purchase U.K. boats advertised for sale with GBP pricing. As of July 7,...