MJM Yachts
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MJM Yachts - overview
Established
2002
Location
Washington, NC, US
Primary Industry
Ship Building & Repair
About
Based in Washington, US, and founded in 2002 by Robert Johnstone, MJM Yachts operates as a designer and builder of luxury yachts. In August 2023, Saothair Capital Partners acquired MJM Yachts. As of August 2023, the company is being led by its President & CEO, Peter Johnstone. The firm designs and offers high-performance Carolina Downeast-style luxury yachts using advanced composites and advanced processes.
The firm’s design models include MJM 3, MJM 35, MJM4, and MJM 42. Moreover, the company also sells its branded clothing, accessories, handbags, and bags for both men and women through its online platform. The company intends to use the August 2023 investment to grow its business, develop its brand, and expand its team.
Current Investors
Saothair Capital Partners
Primary Industry
Ship Building & Repair
Sub Industries
Ship Building & Repair
Website
www.mjmyachts.com
Verticals
E-commerce, Manufacturing
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
MJM Yachts - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | MJM Yachts | - |
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