Investment Articles
In a significant development in the superyacht services sector, private equity investor Ancient has stepped into the game with a financial infusion into industry leader, Burgess. This move showcases investor interest in the largest full-service brokerage groups within the industry, and marks a potential upward trend towards a more corporation-led sector.
Founded by Alexander Klabin, Ancient’s investment in Burgess, whose scope of work spans brokerage, charter, build, management, crew services, and insurance, is designed to solidify Burgess’s expansion into responding to ever-evolving client needs. Demand in the superyacht industry has seen significant alterations, with trends in remote cruising, wellness and around-the-clock yacht usage skyrocketing, thereby increasing the need for integrated advisory and operational capabilities.