Lonsdale backed a buyout by the existing GYG management team led by Remy Millott in 2016. Since the investment the business expanded substantially its presence in the building of new superyachts in northern Europe, acquired ACA Marine in order to establish a major presence in France and invested further in superyacht maintenance in the United States.
Lonsdale made a partial exit on the IPO on AIM of GYG in 2017 and exited fully in January 2021. It was a very successful investment in Lonsdale, providing a return of 3x and an IRR of 75%.
Palma de Mallorca
Growth Drivers Information
Organic, Buy and Build, Internationalisation
Lonsdale’s support post-MBO was a key driver to our successful AIM listing. They swiftly identified the key business drivers and helped us become a more efficient and profitable and thus a more attractive investment proposition.Remy Millott, CEO, Global Yachting Group
For more information please read the press release