CVC Capital Partners sells premium marina operator D-Marin

Global private markets manager CVC Capital Partners has agreed the sale of D-Marin, the premium marina operator in the EMEA region, to European independent private equity firm, InfraVia Capital Partners.

Goldman Sachs and Clifford Chance advised CVC on the deal, while Morgan Stanley and White & Case represented InfraVia.

According to the Financial Times, the cost of the sale is over €1 billion ($1.14 billion USD).

D-Marin acquisition

CVC confirms it has entered into an agreement to sell CVC Capital Partners VII’s stake in D-Marin, to InfraVia Capital Partners. The move comes after speculation rose earlier this year around CVC Capital Partners exploring a sale of the marina operator at a reported valuation of around €1 billion.

Since CVC’s initial investment in 2020, D-Marin has undergone rapid commercial expansion. Under a newly recruited management team, the company expanded its traditional footprint in Turkey, Croatia, Greece, and the UAE into major western European yachting hubs, including Spain, Italy, France, Malta, and Albania.

D-Marin marina network

D-Marin now operates 28 premium marinas across nine countries, serving more than 50,000 customers annually with over 14,300 berths, including more than 1,000 superyacht berths. It also manages 12 professional boatyards servicing over 2,500 yachts each year. In addition, significant investment was made to upgrade the business’s digital capabilities to create one of the industry’s most technologically advanced operating and customer experience platforms. 

Vincent Levita, CEO InfraVia, comments: “We are delighted to support D-Marin in this new chapter alongside its management team. The company has become a leading premium marina platform across the Mediterranean, with a strong brand, high-quality assets and a customer-first culture.

“This transaction is a strong fit with InfraVia’s infrastructure investment thesis and is fully aligned with InfraVia’s ambition to partner with outstanding management teams and back resilient European platforms where long-term capital can support continued growth, transformation and institutionalisation. We look forward to building on the strong foundations created under CVC’s ownership and accompanying D-Marin in the next phase of its development.” 

István Szőke from CVC, comments: “When we invested in D-Marin, we saw a business with tremendous potential. Having put in place an outstanding management team, led by Oliver Dörschuck, we transformed the business from a hidden gem into the clear market leader in premium marinas across Europe and the wider EMEA region. We expanded significantly across the Mediterranean, built the sector’s most digitally advanced platform, and created a business with unmatched scale, customer experience and operational excellence. We are incredibly proud of what we have achieved together and believe D-Marin is uniquely positioned for continued success in its next chapter.”

D-Marin has recently completed an €8.5m redevelopment of Gouvia Marina in Corfu, Greece, and revealed the first look of its new 815-berth Marina Livorno – a project developed in collaboration with the Azimut|Benetti Group.

In 2025, among other projects, D-Marin expanded in Mallorca after securing the tender for Marina Palma Cuarentena, in Palma Bay, and outlined its vision for Port Camille Rayon in France.

Özgür Önder, senior managing director at CVC, adds: “This has been a true partnership built on shared ambition and disciplined execution. We are delighted to see D-Marin begin its new phase of growth from such a position of strength and thank the management team for their exceptional leadership.” 

Further expansion ahead

Athanasios Zoulovits, partner at InfraVia, highlights the resilience of the leisure marine infrastructure sector: “This is a compelling infrastructure opportunity in a sector where scale, quality of locations and customer experience are key differentiators. D-Marin operates in a resilient, growing and attractive market, supported by scarcity of marina locations and growing demand for high-quality yachting infrastructure and services. We look forward to partnering with Oliver Dörschuck and his outstanding team.

“We see significant opportunities to support the company’s next phase of development starting with a further expansion of the network in a fragmented market that requires long-term private capital to provide scale and know-how to modernise and expand critical transportation and leisure infrastructure and further enhance customer experience.”