Private equity firm InfraVia Capital Partners has entered into an agreement to acquire international marina operator D-Marin from CVC.
CVC first acquired D-Marin in 2020 and since then has recruited a new management team and significantly expanded the company’s footprint beyond its traditional markets in Turkey, Croatia, Greece, and the UAE into Spain, Italy, France, Malta and Albania.
D-Marin now operates 28 marinas across nine countries, serving more than 50,000 customers annually with more than 14,300 berths, including more than 1,000 dedicated superyacht berths.
The company also manages 12 boatyards which service more than 2,500 yachts each year.
In addition, investment has been made to upgrade the business’s digital capabilities.
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“When we invested in D-Marin, we saw a business with tremendous potential,” said István Szőke of CVC.
“Having put in place an outstanding management team, led by Oliver Dörschuck, we transformed the business from a hidden gem into the clear market leader in premium marinas across Europe and the wider EMEA region.”
Athanasios Zoulovits, partner at InfraVia added: “This is a compelling infrastructure opportunity in a sector where scale, quality of locations and customer experience are key differentiators.
And he said InfraVia sees a growing demand for high-quality yachting infrastructure and services, with D-Marin operating in a resilient, growing and attractive market supported by scarcity of marina locations.
“We see significant opportunities to support the company’s next phase of development starting with a further expansion of the network in a fragmented market that requires long-term private capital to provide scale and know-how to modernise and expand critical transportation and leisure infrastructure and further enhance customer experience,” he concluded.
