.
MergerLinks Header Logo

New Deal


Announced

Completed

Sorfam Capital completed the acquisition of Century Boats.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

boatbuilding

Majority

Recreational Vehicles and Boats

Private Equity

United States

Private

Completed

Friendly

Acquisition

Single Bidder

Synopsis

Edit

Sorfam Capital, a private equity firm, completed the acquisition of Century Boats, an American boatbuilding company. Financial terms were not disclosed. "With an infusion of capital, our existing dealer's sales efforts, and a new leadership team, we intend to grow the business by implementing market-moving marketing initiatives, introducing new and refreshed products, expanding our dealership network to new regions, and providing best-in-class customer service," Lloyd R. Sorenson, Sorfam Capital's Managing Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US