Freedom Boat Club has acquired the Freedom Boat Club of Greater Boston & Cape Cod franchise operations, currently the largest franchise in the Freedom network.
The acquisition includes 21 locations across Greater Boston, Cape Cod and surrounding areas which will further expand Freedom’s growing corporate club portfolio in the Northeast.
The transaction also includes a maintenance operations centre and dealership with a 7,200-square-foot facility, strengthening Freedom’s regional maintenance and fleet resale capabilities.
The Greater Boston and Cape Cod operation was founded by Matt Carrick and Matt O’Connor who have developed it into one of the most successful operations in the Freedom franchise network.
Outstanding operation
The club has achieved consistent membership growth and satisfaction and operational performance.
“This acquisition is an exciting step for Freedom Boat Club in the Northeast and a natural fit for our growth strategy,” said Cecil Cohn, president, Freedom Boat Club.
“We’re acquiring a thriving club with a long runway for growth in a premier market, a state-of-the-art maintenance operations centre we can leverage across our Northeast operations and a high-performing boat dealership to diversify and advance our fleet resale capabilities.”
And he praised the two Matts for building an outstanding operation with a proven track record and a talented team of future leaders.
Building on foundations
Cecil added: “We’re looking forward to building upon that foundation as we continue to scale the world’s largest boat club.”
Following the acquisition, Matt O’Connor and Matt Carrick will remain Freedom Boat Club franchisees, continuing to operate their club locations in Ocean and Monmouth County, NJ and remaining involved in the ownership group running Freedom Boat Club of Ohio and Freedom Boat Club of Pittsburgh.
“We are proud of what we built in Greater Boston and Cape Cod, and we’re excited for what lies ahead under Freedom’s corporate leadership,” said Matt Carrick.
“Our members are in great hands, and we are excited to remain active franchise owners in other markets across Freedom Boat Club’s global network.”
