Vanquish Yachts sells majority stake to Dutch private equity firm Transequity Network
21 February 2022
Vanquish Yachts has sold a majority of the shares to private equity firm Transequity Network. Vanquish Yachts is the brainchild of Tom Steentjes, a Dutchman with a rare sense for business and a unique technical talent.
February 2 2018
Vanquish Yachts is a Dutch shipyard that manufactures fully hand-crafted, customizable luxury sporting yachts for demanding individuals. In only 5 years, the firm has gained a reputation of building extremely high-quality aluminium yachts that have distinctive design and combine a superior driving experience with above average usability. Vanquish Yachts was established from four convictions: passion for cars and speed, working and innovating with aluminum, shaking up the traditional Dutch shipbuiding market and becoming the best player in a niche market. Vanquish only works with renowned suppliers offering high quality products, high delivery reliability, short delivery time and worldwide service. Global customer base of high net worth individuals currently mainly from Europe and Americas. The firm has sales points in the Netherlands, France, Spain, Greece, United States, Mexico, China, Australia and New Zealand.
Transequity Network is a hands-on investor focusing on Dutch, mid-sized companies with distinct market position and perspective for significant (international) growth. Portfolio companies are active in Industry, Trade and Services sectors. Transequity Network is currently participating in 10 companies ranging from a technical wholesaler to a packaging company for the food industry.