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Boats.com

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boats.com
Headquarters
OwnerPermira
URLwww.boats.com
CommercialYes
RegistrationOptional
Launched1999
Current statusOnline

boats.com is an online advertising website based in Miami, Florida, United States.[1] It also has operations in Fareham and Padova.[2] The company has websites in nine markets and eight languages, listing over 350,000 boats in approximately 152 countries.

History

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  • boats.com, Inc was founded by Paul R. Rabe and Stu Johnstone, in 1999, a private, venture capital funded business located at Pier 38, The Embarcadero, in San Francisco. In August, a venture capital funding round generated a $21 million second-round investment.[3]
  • January 2000, boats.com, Inc. agreed from the Cobalt Group (NASDAQ: CBLT) to acquire YachtWorld.com, a popular online yachting marketplace, the first Internet content deal within the boating industry.[4]
  • May 2004, British Marine Federation (BMF) support for boats.com European Marine Industry Web Awards[5]
  • In September 2004, Boats.com, Inc was purchased by Trader Publishing Company,[6] a joint business venture of Landmark Media Enterprises and Cox Enterprises.
  • In September 2006, Landmark Media Enterprises and Cox Enterprises split the assets of Trader Publishing and YachtWorld became part of Dominion Marine Media, a subsidiary of Dominion Enterprises, LLC which was in turn a subsidiary of Landmark Media Enterprises.
  • In January 2013, the Royal Yachting Association launched the RYA Classifieds service which is powered by boats.com.[7]
  • February 17, 2017, parent of boats.com, Dominion Marine Media (DMM), which was acquired by Apax Partners in 2016,[8] was rebranded to Boats Group, LLC.[9]
  • February 17, 2017, Sam Fulton is CEO at Boats Group, which includes the leading marine brands of YachtWorld, Boat Trader, boats.com, Cosas de Barcos and YachtCloser.[10]
  • June 1, 2017, boats.com and Boats Group moved headquarters to Miami.[1]
  • April 2023, Patrick Kolek is CEO at Boats Group.

References

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  1. ^ a b Miami Herald. "Boats Group moves headquarters". Miami Herald. Retrieved 20 June 2017.
  2. ^ "Company Information". Business Week. Retrieved 25 July 2022.
  3. ^ PR News Wire. "Boats.com Secures $21 Million Second-Round Investment From Top Venture Capital, Marine and Technology Businesses". IBI News. Retrieved 13 December 2013.
  4. ^ PR News Wire. "Boats.com Acquires YachtWorld.com". PR News Wire. Retrieved 13 December 2013.
  5. ^ BMF. "British Marine Federation (BMF) support for boats.com European Marine Industry Web Awards". Bristish Marine. Archived from the original on 2 April 2015. Retrieved 18 March 2013.
  6. ^ IBI News. "Company Information". IBI News. Archived from the original on 2010-06-10. Retrieved 12 December 2013.
  7. ^ RYA. "RYA launches new 'RYA Classifieds' powered by boats.com". Royal Yachting Association (RYA). Retrieved 13 December 2013.
  8. ^ Cooper, By Laura. "Apax to Buy Dominion Marine Media". WSJ. Retrieved 2024-05-31.
  9. ^ Boats Group (17 February 2017). "Dominion Marine Media Announces Company Name Change to Boats Group". Boats Group. Retrieved 17 February 2017.
  10. ^ Apax Partners (17 February 2017). "Boats Group". Apax Partners. Retrieved 3 March 2017.
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