First Peninsula Marine appoints Paul Martin
First Peninsula Marine, marine business sales and acquisition agency, has appointed Paul Martin, previous BHG Marine owner, as Director, effective immediately.
Paul Martin brings a wealth of marine industry knowledge, leadership experience and connections, and his appointment takes place 15 months on from a sale of BHG Marine to Berthon Group. Martin’s previous experience includes Managing Director of BHG Marine in Lymington, BHG Service at Buckler’s Hard, and Chair of the British Marine Trades Association. Martin currently sits on the British Marine Board and is also a Harbour Commissioner at Lymington.
“On behalf of everyone at First Peninsula, I would like to welcome Paul to the marine board. Paul has a deep understanding of the sector and the challenges facing the industry, as well as of running a multi-generational family business including a successful exit,” says Sean McQuitty, Managing Director of First Peninsula Corporation. “As we move into a 16th year of generating inward investment into the marine sector, Paul will be leading our leisure marine agency offering moving forward, supported by our experienced and talented transaction team.”
“The sale of BHG Marine and BHG Service early in 2019 was facilitated by First Peninsula Marine,” says Martin. “Reflecting on the sale, it became clear that Sean and I worked incredibly well as a team and I had gained a unique insight into the complexities of selling a marine business. Sean and I remained in close contact and I soon found myself looking for new challenges, so when the opportunity was presented I began working for First Peninsula three months ago and have thoroughly enjoyed the role, so to be now officially appointed within the team and the board is incredibly exciting. We are remarkably busy at this unusual time, especially with new enquiries for existing marine businesses for sale, as potential buyers have had plenty of time and reason recently to re-evaluate their futures. So, if you are considering an exit and sale of your marine business, now could be the best time.”
