Princess Yachts venduta al gruppo statunitense KPS
Princess Yachts venduta al gruppo statunitense KPS
Princess Yachts ontvangt groei-investering van KPS Capital
Princess Yachts venduta al gruppo statunitense KPS
Princess Yachts bought by US investor KPS Capital Partners
COMMENTS
KPS Capital Partners to Acquire Controlling Ownership of Princess Yachts
KPS and the Princess Yachts team are deeply committed to investing in the Company's future while continuing to further strengthen our portfolio of best-in-class motor yachts. With a current order book nearing a record $1 billion and many model lines sold into 2025, we have never been in a stronger commercial position. ...
Princess Yachts
Princess Yachts is a leading builder of luxury motor yachts and is recognized for its timeless design, hand-crafted quality, and exceptional seakeeping. Headquartered in Plymouth, England, the Company's unparalleled level of vertical integration - including on-site design, engineering, and manufacturing - has helped position Princess Yachts as one of Britain's most iconic luxury brands.
Kps Capital Partners to Acquire Controlling Ownership of Princess Yachts
NEW YORK, Feb. 13, 2023 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has entered into a definitive agreement to acquire a controlling equity interest in Princess Yachts ...
KPS Capital Partners Completes Acquisition of the Controlling Ownership
KPS Capital Partners Completes Acquisition of the Controlling Ownership of Princess Yachts. Mar 15, 2023. About KPS Capital Partners. KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $21.4 billion of assets under management (as of December 31 ...
American fund KPS sets sail with purchase of British yacht-builder Princess
KPS Capital Partners, a former backer of golf equipment maker TaylorMade, is to acquire a controlling stake in the Plymouth-based luxury yacht builder Princess, Sky News learns.
Kps Capital Partners to Acquire Controlling Ownership of Princess Yachts
Investment will Accelerate Company's Growth and InnovationNEW YORK, Feb. 13, 2023 /PRNewswire/ -- KPS Capital Partners, LP ('KPS') announced today...
Latham Advises Princess Yachts on KPS Capital Partners Acquisition
Latham & Watkins advised Princess Yachts and its shareholders on the acquisition by KPS Capital Partners LP of a controlling equity interest in the company, subject to customary conditions. The existing stockholders of Princess Yachts, which is a leading global manufacturer of luxury motor yachts, will retain ownership in the company following ...
Macfarlanes advises KPS Capital Partners on acquisition of Princess Yachts
KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with over $14.4 billion of assets under management. ... Princess Yachts is a leading builder of luxury motor yachts. Headquartered in Plymouth, the company's unparalleled level of vertical integration - including ...
Princess Yachts sold to US-based KPS group
February 14, 2023. 4 mins read. Momentous turning point for Princess Yachts, the UK's largest luxury boatbuilder, that has officially announced its acquisition by KPS Capital Partners, a New York-based private firm which has a long history in making controlling equity investments in manufacturing and industrial companies between North America ...
Princess Yachts to receive growth investment as KPS Capital Partners
Princess Yachts announced today that KPS Capital Partners, LP (''KPS'') has entered into a definitive agreement to acquire a controlling equity interest in the luxury yacht builder. Existing shareholders will retain ownership in the company.
Princess Yachts closes sale to US investment firm KPS Partners
The acquisition of Princess Yachts by US equity firm KPS Partners is now complete following news earlier this year that a deal for majority ownership had been secured.. According to UK business register Companies House, a new company has been set up under the name Mayflower Bidco Limited, which now owns a 75 per cent controlling stake in the British shipyard.
Princess Yachts acquired by private equity firm KPS Capital Partners
Princess Yachts announced today that KPS Capital Partners, LP has entered into a definitive agreement to acquire a controlling equity interest in the luxury yacht builder. Existing shareholders will retain ownership in the company. Completion of the transaction is expected in the first quarter of 2023 and is subject to customary closing ...
Princess Yachts bought by US investor KPS Capital Partners
"KPS and the Princess Yachts team are deeply committed to investing in the company's future, while continuing to further strengthen our portfolio of best-in-class motor yachts." The well established New York-based equity firm, which has a long history in making controlling equity investments in manufacturing and industrial companies, has ...
PDF Kps Capital Partners, Lp
KPS CAPITAL PARTNERS, LP through a newly-formed affiliate has acquired controlling ownership of Princess Yachts (Holdings) Limited (UK) Princess Yachts is a leading builder of luxury motor yachts and is recognized for its timeless design, handcrafted quality, and exceptional seakeeping. Headquartered in Plymouth, -
Princess Yachts sold to US investor
Plymouth-based Princess Yachts, the UK's largest luxury boatbuilder, has been sold to KPS Capital Partners, a US-based private equity firm. L Catterton, the previous private equity owner, put Princess up for sale in 2022 and reportedly hired bankers at Macquarie to find a buyer. In February 2023, Princess confirmed that KPS had entered into a ...
Kps Capital Partners to Acquire Controlling Ownership of Princess Yachts
KPS and the Princess Yachts team are deeply committed to investing in the Company's future while continuing to further strengthen our portfolio of best-in-class motor yachts. With a current order book nearing a record $1 billion and many model lines sold into 2025, we have never been in a stronger commercial position. Together with KPS ...
Princess Yachts taken over by US private equity firm
Princess Yachts announced today that KPS Capital Partners, LP ("KPS") has entered into a definitive agreement to acquire a controlling equity interest in the luxury yacht builder. Existing shareholders will retain ownership in the company. Completion of the transaction is expected in the first quarter of 2023 and is subject to customary closing conditions and...
Princess Yachts taken over by US private equity giant
KPS and the Princess Yachts team are deeply committed to investing in the company's future while continuing to further strengthen our portfolio of best-in-class motor yachts.
Princess Yachts to be sold to KPS Capital Partners
Princess Yachts, Britain's biggest luxury yacht builder, is reportedly being sold to new private equity backers 15 years after it last changed hands. Princess Yachts to be sold to KPS Capital ...
Portfolio news Princess Yachts
KPS Capital Partners, LP ("KPS") announced today that it has entered into a definitive agreement to acquire a controlling equity interest in Princess Yachts (Holdings) Limited, ("Princess Yachts" or the "Company"), a leading global manufacturer of luxury motor yachts. Cobepa SA ("Cobepa"), one of the existing stockholders of ...
KPS Capital Partners acquires equity interest in Princess Yachts
Photo: Princess Yachts "KPS and the Princess Yachts team are deeply committed to investing in the Company's future while continuing to further strengthen our portfolio of best-in-class motor yachts. With a current order book nearing a record $1 billion and many model lines sold into 2025, we have never been in a stronger commercial position
KPS Capital Partners, LP; Princess Yachts (Holdings)
The notified transaction concerns the intended indirect investment in, and acquisition of up to 100% of the shares in, Princess Yachts (Holdings) Limited by funds managed and/or advised, and indirectly solely controlled, by KPS Capital Partners, LP, such that those funds acquire sole control of Princess Yachts (Holdings) Limited. Fields of activity: Building of yachts
Reasons
In March 2023, KPS acquired a controlling interest in Princess Yachts Ltd. KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with over $14.4 billion of assets under management (as of September 30, 2022). The KPS Funds' portfolio companies have aggregate annual ...
Yacht firm looks to cut 90 jobs in restructuring
Last year, Princess Yachts stressed it had orders to manufacture more than £750 million of vessels. The Stonehouse-headquartered firm had received deposits for these boats and said the work would stretch through 2025 and into 2026. The company was taken over by New York-based KPS Capital Partners in March 2023.
IMAGES
COMMENTS
KPS and the Princess Yachts team are deeply committed to investing in the Company's future while continuing to further strengthen our portfolio of best-in-class motor yachts. With a current order book nearing a record $1 billion and many model lines sold into 2025, we have never been in a stronger commercial position. ...
Princess Yachts is a leading builder of luxury motor yachts and is recognized for its timeless design, hand-crafted quality, and exceptional seakeeping. Headquartered in Plymouth, England, the Company's unparalleled level of vertical integration - including on-site design, engineering, and manufacturing - has helped position Princess Yachts as one of Britain's most iconic luxury brands.
NEW YORK, Feb. 13, 2023 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has entered into a definitive agreement to acquire a controlling equity interest in Princess Yachts ...
KPS Capital Partners Completes Acquisition of the Controlling Ownership of Princess Yachts. Mar 15, 2023. About KPS Capital Partners. KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $21.4 billion of assets under management (as of December 31 ...
KPS Capital Partners, a former backer of golf equipment maker TaylorMade, is to acquire a controlling stake in the Plymouth-based luxury yacht builder Princess, Sky News learns.
Investment will Accelerate Company's Growth and InnovationNEW YORK, Feb. 13, 2023 /PRNewswire/ -- KPS Capital Partners, LP ('KPS') announced today...
Latham & Watkins advised Princess Yachts and its shareholders on the acquisition by KPS Capital Partners LP of a controlling equity interest in the company, subject to customary conditions. The existing stockholders of Princess Yachts, which is a leading global manufacturer of luxury motor yachts, will retain ownership in the company following ...
KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with over $14.4 billion of assets under management. ... Princess Yachts is a leading builder of luxury motor yachts. Headquartered in Plymouth, the company's unparalleled level of vertical integration - including ...
February 14, 2023. 4 mins read. Momentous turning point for Princess Yachts, the UK's largest luxury boatbuilder, that has officially announced its acquisition by KPS Capital Partners, a New York-based private firm which has a long history in making controlling equity investments in manufacturing and industrial companies between North America ...
Princess Yachts announced today that KPS Capital Partners, LP (''KPS'') has entered into a definitive agreement to acquire a controlling equity interest in the luxury yacht builder. Existing shareholders will retain ownership in the company.
The acquisition of Princess Yachts by US equity firm KPS Partners is now complete following news earlier this year that a deal for majority ownership had been secured.. According to UK business register Companies House, a new company has been set up under the name Mayflower Bidco Limited, which now owns a 75 per cent controlling stake in the British shipyard.
Princess Yachts announced today that KPS Capital Partners, LP has entered into a definitive agreement to acquire a controlling equity interest in the luxury yacht builder. Existing shareholders will retain ownership in the company. Completion of the transaction is expected in the first quarter of 2023 and is subject to customary closing ...
"KPS and the Princess Yachts team are deeply committed to investing in the company's future, while continuing to further strengthen our portfolio of best-in-class motor yachts." The well established New York-based equity firm, which has a long history in making controlling equity investments in manufacturing and industrial companies, has ...
KPS CAPITAL PARTNERS, LP through a newly-formed affiliate has acquired controlling ownership of Princess Yachts (Holdings) Limited (UK) Princess Yachts is a leading builder of luxury motor yachts and is recognized for its timeless design, handcrafted quality, and exceptional seakeeping. Headquartered in Plymouth, -
Plymouth-based Princess Yachts, the UK's largest luxury boatbuilder, has been sold to KPS Capital Partners, a US-based private equity firm. L Catterton, the previous private equity owner, put Princess up for sale in 2022 and reportedly hired bankers at Macquarie to find a buyer. In February 2023, Princess confirmed that KPS had entered into a ...
KPS and the Princess Yachts team are deeply committed to investing in the Company's future while continuing to further strengthen our portfolio of best-in-class motor yachts. With a current order book nearing a record $1 billion and many model lines sold into 2025, we have never been in a stronger commercial position. Together with KPS ...
Princess Yachts announced today that KPS Capital Partners, LP ("KPS") has entered into a definitive agreement to acquire a controlling equity interest in the luxury yacht builder. Existing shareholders will retain ownership in the company. Completion of the transaction is expected in the first quarter of 2023 and is subject to customary closing conditions and...
KPS and the Princess Yachts team are deeply committed to investing in the company's future while continuing to further strengthen our portfolio of best-in-class motor yachts.
Princess Yachts, Britain's biggest luxury yacht builder, is reportedly being sold to new private equity backers 15 years after it last changed hands. Princess Yachts to be sold to KPS Capital ...
KPS Capital Partners, LP ("KPS") announced today that it has entered into a definitive agreement to acquire a controlling equity interest in Princess Yachts (Holdings) Limited, ("Princess Yachts" or the "Company"), a leading global manufacturer of luxury motor yachts. Cobepa SA ("Cobepa"), one of the existing stockholders of ...
Photo: Princess Yachts "KPS and the Princess Yachts team are deeply committed to investing in the Company's future while continuing to further strengthen our portfolio of best-in-class motor yachts. With a current order book nearing a record $1 billion and many model lines sold into 2025, we have never been in a stronger commercial position
The notified transaction concerns the intended indirect investment in, and acquisition of up to 100% of the shares in, Princess Yachts (Holdings) Limited by funds managed and/or advised, and indirectly solely controlled, by KPS Capital Partners, LP, such that those funds acquire sole control of Princess Yachts (Holdings) Limited. Fields of activity: Building of yachts
In March 2023, KPS acquired a controlling interest in Princess Yachts Ltd. KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with over $14.4 billion of assets under management (as of September 30, 2022). The KPS Funds' portfolio companies have aggregate annual ...
Last year, Princess Yachts stressed it had orders to manufacture more than £750 million of vessels. The Stonehouse-headquartered firm had received deposits for these boats and said the work would stretch through 2025 and into 2026. The company was taken over by New York-based KPS Capital Partners in March 2023.