IYC (International Yacht Collection, LLC.), announced that it has acquired The Sacks Group Yachting Professionals (TSGYP), a leading full service superyacht charter and brokerage company.
IYC's acquisition combines one of the top branded charter and brokerage companies in the USA with IYC's international network of full service superyacht professionals.
"Our companies share similar values." said Felix Sabates, Chairman of IYC. "We both put our clients first and are committed to new ideas to improve their yachting experience. As partners, together we offer a compelling first class service to charter clients, owners, captains, crew, and shipyards around the world."
According to Jennifer M. Saia, President and Charter Specialist of TSGYP, "Today the superyacht world has blossomed into a vibrant and professional business, and we feel by joining forces with IYC that we can benefit from the company's vision and global reach to deliver a more enjoyable yachting experience for our collective clients worldwide."
With this acquisition, the group's combined fleet of charter, brokerage and management yachts will total over 160, what amounts to over 20,000 linear feet of yachts, (4.17 miles or almost four times the length of the Brooklyn Bridge of New York).
Sabates concluded, "As we continue our program to expand and strengthen our company, the acquisition of TSGYP supports IYC's mission statement - Our commitment to better serve our client base internationally and in ALL aspects of yachting!"
SuperYacht Times - The State of Yachting 2020
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