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]

Not to be confused with Boat Group.
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

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.

News
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