New owner for Plymouth Yacht Brokers

Plymouth Yacht Brokers has been sold to a private buyer.

The full-service brokerage company has been trading continuously in and around Plymouth, Devon for nearly 30 years. Plymouth Yacht Brokers sells both sail and powered craft for customers located throughout the South West. In addition to the brokerage operations, maintenance and management services are also provided as required.

The company was created in the mid-1990s at the original Clovelly Bay Marina in Turnchapel which was acquired by Yacht Havens Ltd and developed into Plymouth Yacht Haven.

The new owner, marine safety engineer Dominic Berry, works in safety analysis.

“I bought the business because I truly love sailing and I love boats,” says Berry. “I’ve worked for the military for pretty much my entire career and I was lucky enough to have been involved with ships for the navy, but I always dreamed of having my own boat.”

Berry is looking to expand the business into South Wales, while taking additional steps into different boating arenas.

“I’d like to specialise in pleasure yachts but maybe one day might look to offer broader services such as chartering, or specialised holidays for those that would love to sail but don’t have the time or inclination to own their own boat.

“It’s been a pleasure learning the ropes from [current owner] Kim Vasey and I’d love to welcome anyone else to sailing who might never have had the courage to try it before and share my love and passion of the sea with them.”

M&A advisory firm First Peninsula Marine acted as valuers and advisors during the sale.