Boats Group, LLC
TypePrivate
IndustryAdvertising and Software
FoundedVirginia, United States (2011)
Headquarters
Miami, Florida
,
United States
Area served
Worldwide
Key people
Patrick Kolek, CEO
ProductsMedia
Number of employees
150+
ParentPermira
WebsiteBoats 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]

References

  1. ↑ Miami Herald. "Boats Group decides Miami is the place to be, anchors headquarters". 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. Archived from the original on 26 September 2014. Retrieved 26 September 2014.
  5. ↑ Apax. "Company Information". Apax Partners. Retrieved 19 July 2016.
  6. ↑ Boating Industry (19 July 2016). "New owner for Dominion Marine Media". Boating Industry. 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 (17 February 2017). "Dominion Marine Media Announces Company Name Change to Boats Group". Boats Group. 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.

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