Squircle Capital acquired MB92.

European investment firm Squircle Capital acquired MB92, the world leading superyacht refit, repair and maintenance group. Financial terms were not disclosed. “In just a few years, MB92 has managed to carve out a unique position, not only as a leader within the sector but also as an exemplary provider of refit, repair and maintenance services for superyachts. As private equity managers, it is refreshing to find a leading industry player with local roots, a global reach and significant room for further growth. With this acquisition, we further prove our ability to identify attractive investment opportunities in the growing superyacht industry whilst adding to an existing portfolio of solid mid-market companies and unique real estate assets across several European countries." José Caireta, founding partner at Squircle Capital.