News by Company: KPS Capital Partners

The manufacturer of luxury motor yachts @PrincessYachts has been taken over by American private equity firm KPS Capital Partners
United Kingdom

Princess Yachts has been taken over by American private equity firm KPS Capital Partners 

KPS Capital Partners has entered into an agreement to acquire a controlling interest in Princess Yachts (Holdings) Ltd, and said the investment will see existing shareholders retain ownership in the company. Completion of the transaction is expected in the first quarter of 2023 and is subject to customary closing conditions and approvals.The manufacturer of luxury motor ... Read More

14th February 2023
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