Twisted Marine acquires marine engineering business West Marine Services

United Kingdom
22nd August 2022

Twisted Marine acquires marine engineering business West Marine Services

Twisted Marine acquires marine engineering business West Marine Services

Specialist M&A Advisory firm First Peninsula Marine confirms completion has taken place on its sale of Brighton-based West Marine Services.

The marine engineering business, which provides powerboat service, repair and supply services, was purchased by Twisted Marine, sister company to Twisted Automotive, and will join the Twisted Marine group of companies and continue to scale its operations as part of the larger business.

Twisted Marine said the acquisition would support its plans to grow its market presence in the marine sector and help cement its reputation for building and enhancing power boats.

West Marine is an authorised dealer for Volvo Penta, Mercury Marine and Yanmar and the business will strengthen Twisted Marine’s dealership links to support customers across the whole of the south coast. 

Based in a 1,900 sq ft facility at Brighton Marina Village, West Marine was founded in 2005 and has developed a reputation as a one-stop shop for all types of leisure craft, from small tenders to large yachts. The business’s current owner, Mike West, will exit the business.

Twisted Founder Charles Fawcett said:

North Yorkshire-based Twisted entered the marine market in November 2020 when Fawcett acquired Devon-based SMS (Salcombe) Ltd for an undisclosed sum and rebranded it as Salcombe Marine Services. Twisted Marine is currently reviewing a number of additional acquisitions to bolster its growth plans.

Twisted Marine is run by Fawcett and Managing Director Jake Cronk, a fully qualified marine engineer and member of the Institute of Mechanical Engineers who holds a Master’s degree in mechanical engineering. He joined the business following a career with the Mercedes AMG Formula 1 and Formula E teams.

First Peninsula Marine acted as advisors and agents to West Marine Services.

About West Marine Services

Marine engineering business West Marine Services provides powerboat service, repair and supply services, as well as being an authorised dealer for Volvo Penta, Mercury Marine and Yanmar.

About West Marine Services

About Twisted Marine

Twisted Marine is the sister company to Twisted Automotive, and builds and enhances power boats from its Salcombe Marine Services base.

About Twisted Marine

About First Peninsula Marine

First Peninsula Marine is a specialist business sales and acquisitions agency focused exclusively on the marine and maritime sectors. Operating nationally to provide a range of strategic advisory services to business owners, trade buyers, financial institutions and private investors. First Peninsula Marine advises on a wide range of instructions from £multimillion corporate finance backed transactions and strategic plc acquisitions to local owner-managed business sales.

About First Peninsula Marine

Deal Summary

  • Guide Price: £225,000
  • Financials: Undisclosed
  • Transaction Structure: Acquisition of 100% of Share Capital in West Marine Services Limited by Twisted Marine Limited

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