Add-on Acquisition • Internet Software and Services

Borrow A Boat Acquires KellyBoat

On September 27, 2022, Borrow A Boat acquired internet software and services company KellyBoat

Acquisition Context
  • This is Borrow A Boat’s 1st transaction in the Internet Software and Services sector.
  • This is Borrow A Boat’s 1st transaction in the United States.
  • This is Borrow A Boat’s 1st transaction in Massachusetts.

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M&A Deal Summary

Date September 27, 2022
Target KellyBoat
Sector Internet Software and Services
Buyer(s) Borrow A Boat
Deal Type Add-on Acquisition

Target Company

KellyBoat

Belmont, Massachusetts, United States
KellyBoat provides a seamless, concierge-level of service to onboard clients' boats into the KellyBoat program with minimal friction and maximum value. KellyBoat was founded in 2017 and is based in Belmont, Massachusetts.
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Buyer Overview 1

Buyer

Borrow A Boat

London, United States

Category Company
Founded 2016
Sector Internet Software and Services
DESCRIPTION

Borrow A Boat is a boat charter group in the UK, consisting of several brands and platforms including: the Borrow A Boat platform - an open boating platform for boats of all sorts for charter, with over 45,000 listings, Helm - a curated marketplace of premium charter holidays, and Barqo - the leading Dutch boating marketplace. The Group is growing on multiple fronts and in multiple countries, with an active presence in: UK, US, Canada, Australia, New Zealand, Netherlands, and France, and boats for charter in more than 65 countries. Borrow A Boat was formed in 2016 and is based in London.


Deal Context for Buyer #
Overall 1 of 1
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 1 of 1
State: Massachusetts 1 of 1
Country: United States 1 of 1
Year: 2022 1 of 1