SVN Marinas is pleased to announce it advised the owners of the Moby Dick Marina on the sale of their business in Fairhaven, MA to a private investment group led by America’s Cup winning sailor, Rome Kirby, and Tristram Worth of VMG Capital. Founded in 1994 and acquired in 2005 by the Anezis and Zolotas families, the Moby Dick Marina is in a high-visibility location along I-195 in the hurricane barrier protected New Bedford Harbor. The Marina has a 19,200 SF building with 80 dry-stack slips, 50 in-water slips and 5 moorings.
Mike Howell, the owner of SVN Safe Haven Advisors and co-Council Chairman of SVN Marinas approached the owners of the Moby Dick Marina about the possibility of selling their marina to capitalize on the robust interest from prospective marina acquirers seeking attractive facilities in the Northeast and across the country. This is the first acquisition for VMG Capital who contacted SVN Marinas in their efforts to develop a larger marina platform.
SVN Marinas advises on the acquisition and divestiture of marinas, marine properties and marine businesses. SVN Marinas has nearly twenty marina and marine properties publicly listed for sale and numerous other confidential and off-market deals. For more information about SVN Marinas and available marina opportunities please visit our website.