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New Deal


Announced

Completed

Vox Ventures completed the acquisition of Robertson and Caine from Capitalworks.

Financials

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

Sources

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Tags

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Private Equity

South Africa

Recreational Vehicles and Boats

Boat builder

Single Bidder

Friendly

Completed

Acquisition

Cross Border

Majority

Private

Synopsis

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Vox Ventures, a venture capital company investing on innovative business, completed the acquisition of Robertson and Caine, a blue water sailing and power catamarans builder, from Capitalworks, a private equity firm. Financial terms were not disclosed. “After more than 40 years in the boat business and 32 years with Robertson and Caine, I am pleased to leave Robertson and Caine, our valued One R&C team members and our longstanding customer stakeholders, in the hands of a new shareholder of such stature. Partnering with Capitalworks, who has been committed to and focused on building Robertson and Caine and the Leopard brand, has positioned the business to benefit from the next phase of growth that a strategic investor can offer the business. Although it is a bittersweet moment, I feel confident that the legacy will continue to grow from strength to strength and that the business will be in the best hands,” John Robertson, Robertson and Caine Founder.

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