M&A Deal Summary

Saothair Capital Partners Acquires MJM Yachts

On August 31, 2023, private equity firm Saothair Capital Partners acquired marine company MJM Yachts

Acquisition Highlights
  • This is Saothair Capital Partners’ 1st transaction in the Marine sector.
  • This is Saothair Capital Partners’ 2nd transaction in the United States.
  • This is Saothair Capital Partners’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2023-08-31
Target MJM Yachts
Sector Marine
Buyer(s) Saothair Capital Partners
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) Nelson Mullins Riley & Scarborough (Legal)

Target

MJM Yachts

Washington, North Carolina, United States
MJM Yachts (MJM) is a designer and builder of high-performance Carolina Downeast-style luxury yachts. MJM uses advanced composites and cutting-edge processes to build lighter, stronger, and faster boats with a superior rider experience. MJM Yachts was formed in 2002 and is based in Washington, North Carolina.

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Buyer(S) 1

Buyer

Saothair Capital Partners

Category Private Equity Firm
Founded 2019
Size Small
Type Sector Agnostic
DESCRIPTION

Saothair Capital Partners is an operationally focused private equity firm focused on acquiring North American, lower middle-market industrial and manufacturing businesses. Specific areas of interest include paper & packaging, plastics, metals processing, automotive or heavy truck, building products, healthcare-related products, food & beverage, and other niche manufacturing. Saothair Capital Partners was formed in 2019 and is headquartered in Radnor, Pennsylvania.

DEAL STATS #
Overall 2 of 3
Sector (Marine) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 2
State (North Carolina) 1 of 1
Country (United States) 2 of 3
Year (2023) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-08 Arandell

Menomonee Falls, Wisconsin, United States

Arandell is a commercial printing company providing high-quality catalogs and multichannel marketing solutions to upscale retailers. Arandell was founded in 1922 and is based in Menomonee Falls, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-20 Pioneer Window Mfg.

Garden, New York, United States

Pioneer Window Mfg. manufactures and installs highly engineered, custom aluminum and glass façade systems. Pioneer Window Mfg. was founded in 1985 and is based in Garden, New York.

Buy -
Mergr

Product

Company

Legal