Announced
Completed
Financials
Sources
Tags
Private Equity
South Africa
Recreational Vehicles and Boats
Boat builder
Single Bidder
Friendly
Completed
Acquisition
Cross Border
Majority
Private
Synopsis
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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