Bronzewood Capital, a private equity arm of turnaround specialist Buchler Phillips, is understood to have completed the acquisition of Fairline Yachts.
The deal is said to include all the brand assets and tooling however the Oundle factory will continue to be rented.
It is also understood that Fairline Yachts’ outstanding liabilities have not been acquired.
A new holding company – Fairline Holdco Limited – was registered at Companies House on March 25 2025.
Bronzewood Capital is the private equity investment arm of Buchler Phillips, a UK based independent advisory boutique specialising in corporate recovery, turnaround, restructuring and insolvency.
The organisation was launched in early March 2025 to ‘pursue UK mid-market opportunities with tangible asset backing, capitalising on the Buchler Phillips track record of working with distressed companies, notably in the hospitality, real estate, manufacturing and transport sectors’.
Scalable revenue profiles
The new company is focused on new equity commitments of between £5m and £50m in special situations with strong underlying fundamentals and scalable revenue profiles.
It is headed by David Buchler, founder chairman of Buchler Phillips who at the time of the launch stated: We believe a deal-by-deal approach, balancing hands-on radical operational improvements, optimised financial structures and challenging of established strategies, is a compelling offer for UK SMEs serious about turning the corner and re-joining the road to growth.”
He is a long-term investor in Venture Yachts, UK and Spanish distributor of Ferretti Group brands.
Fairline Yachts was placed into administration in January 2025 owing around £10 million to creditors, £9.4 million to the fixed charge holders – DF Capital Bank Ltd – and around £2.2 million to HMRC for PAYE / NIC.
It is hoped that the majority of the current workforce – around 240 employees – will be retained.