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Announced

YATCO to acquire BoatDeck and YachtAndBoat.

Synopsis

YATCO, a yacht broker in Coral Springs, Florida, agreed to acquire BoatDeck and YachtAndBoat, two of the largest providers of marine websites and lead generation technology in the Asia Pacific region. Financial terms were not disclosed. "We are excited to welcome the team at BoatDeck and YachtandBoat onboard with us at YATCO. They have proven themselves as innovators and world-class professionals in consumer-facing websites and lead generation for the boating industry and will greatly complement our team at YATCO. This acquisition will allow YATCO to dramatically expand our international member base, double the size of our inventory offerings of boat listings online, and rapidly accelerate our growth in online consumer markets and lead generation," Steven Myers, YATCO CEO and Founder.

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