YachtCreators and Trinity pump $100 million into premium yacht construction
YachtCreators and Trinity Atlantic Capital have announced a $100 million joint venture to finance the construction of premium yacht builds for retail buyers starting in the first quarter of 2022. YachtCreators has been meeting clients and manufacturers to discuss the venture during the Fort Lauderdale Boat Show, which took place last week.YachtCreators are a new-build expert based in Florida, with further sales hubs in Aventura and Miami Beach, and which has over 70 new builds to their name. The firm gained critical acclaim and success following the delivery of award winning builds such as the 55-metre Laurentia by Heesen, the 38-metre Nono, now named Safe Haven by Admiral and the LeVen 90 by Van der Valk Shipyard which has been named 2020’s Best New Series.
Photo: Jeff Brown / Breed Media
“This partnership with Trinity Atlantic is exciting on many levels. It sparks new yacht and superyacht construction both in Europe and here in the USA, which has been a long-held dream of YachtCreators,” says founder, Barin Cardenas. “Further, it provides much-needed construction financing solutions to meet the growing demand of the yacht and superyacht market we’re now experiencing.”Photo: Admiral
Meanwhile, Trinity Atlantic Capital offers tailored financial services across the globe to a whole range of clientele. Trinity’s services include innovative investment opportunities, managed portfolios and asset finance advisory services. The partners bring extensive experience in each of the three dedicated business silos. Trinity is based in Nassau, Bahamas and has further offices in Toronto, Canada. “YachtCreators is a market leader,” said Trinity’s principal, Jim Allan. “We evaluate opportunities to finance growth around the world every day, and James Wilson and I are looking forward to spending some time at the Fort Lauderdale International Boat Show working with Barin’s team. We couldn’t wait to be a part of their trajectory.”
During this investment, Mosaic Financial will be providing advice to both parties.