Business

Business

Dominion Marine Media Acquired by Apax Partners

28-Jul-2016

Dominion Marine Media (DMM) operates one of the world’s largest and most popular marine digital marketplaces — including BoatTrader, boats.com, YachtWorld, and CosasDeBarcos — attracting more than 62 million unique visitors each year. DDM also provides digital solutions to more than 5,000 dealers and brokers in more than 143 countries. In early July, Funds by Apax Partners have agreed to acquire Dominion Marine Media in the third quarter of 2016.

“The recreational marine industry is poised for digital transformation and DMM is the only integrated digital media, technology and data platform positioned to capture this opportunity globally,” says Marcelo Gigliani, partner at Apax Partners, in a comment. “We are excited to be backing Ian [Atkins, DMM president] and his team and are eager to leverage our experience investing in and operating leading digital classifieds businesses to accelerate growth at DMM."

For more information, visit dominionmarinemedia.com

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