Market Overview

Carbon Craft Principals Acquire Southport Boats


Offshore Center Console Transaction Focuses on Growth, New Product
Introductions, and Expanded Production Capacity

The principals of Carbon
Craft Inc.
today announced they have acquired Southport
for an undisclosed amount. Anchors
Aweigh Capital
(AAC), a private investment firm focused on maritime
businesses, advised Carbon Craft on the transaction. A new holding
company named "Tuxedo Yachts" has been formed to acquire luxury
oriented boat businesses and will initially consist of the Carbon Craft
and Southport Boat brands.

Southport Boats are known for their legendary performance based on a Ray
Hunt Design hull
which combines offshore racing technology with
cutting edge composite manufacturing capabilities to deliver a ride
that's smooth, responsive, quiet and dry with incomparable stability.

"Southport and Carbon Craft ensure your time on the water with family
and friends is both comfortable and stylish," said
, CEO of Tuxedo Yachts. "We were attracted to
Southport Boats by their customer passion, dealer network, and
Maine-built craftsmanship.
This is a unique opportunity to
position these two luxury boating brands to outperform the market,
deliver superior financial results, and create the most memorable
customer experiences."

The owners of Southport Boats initially sought additional investors for
the business, but the interest was so high, they ultimately decided to
sell the entire business. The acquisition provides new capital for
product development and expanded production capacity in a new facility
with 4 times greater space.

"Our dealers and customers tell us Southport boats deliver a
radically different ride that's soft, aggressive and responsive," said
, VP and General Manager for Southport Boats. "Everyone
on our team is excited as our innovations will continue to provide, and
meet increased demand for, the highest fit and finish center consoles on
the market."

Both Southport Boats and Carbon Craft will be exhibiting at major boat
shows in the next few months. Carbon Craft will be in Cannes
and Monaco
during the month of September. Carbon Craft is also the Official Tender
of the Fort
Lauderdale International Boat Show
(FLIBS) in November. Southport
Boats is attending the Newport
and Annapolis
boat shows, as well FLIBS, where they will be providing VIP tender
service. All current and potential new owners are encouraged to stop by
and say hello.

Anchors Aweigh Capital will be launching a new capital fund to enable
additional brand acquisitions of companies who share a similar DNA in
their go-to-market approach, luxury orientation, and focus on customer
service, support, and satisfaction. Interested investors should call
877-402-6246 for more information.

About Carbon Craft

Carbon Craft sets new standards for comfort and safety in luxury yacht
tenders with nearly twice the interior space, head-turning style, and
exhilarating performance. Every Carbon Craft is designed and built for
the most precious cargo you carry - your loved ones. Our team's
cumulative knowledge of the marine industry ranging from America's Cup
manufacturing technology to world class yacht design detailing, has
resulted in many innovative concepts including the clever use of
advanced lightweight materials like carbon fiber to optimize space, and
the closed cell foam collar that provides protection, spray deflection
and flotation. The result is a low-profile format that enables you to
operate effortlessly, board safely, stay dry, carry everything, relax in
comfort, and arrive in style. Learn more online at

About Southport Boats

Southport Boats, located in Augusta, Maine builds robust, quality
engineered offshore center console boats on three platforms (27′, 29′
and 33′), and has developed a reputation as one of the premier boats in
their class. The semi-production builder employs experienced and
dedicated craftsmen and technicians who build high quality products in a
newly acquired 70,000-square foot production facility. Southport Boats,
while a production builder, caters to the demanding needs of their
customers and dealers and always welcomes the challenge of custom
requests as a way to further improve an already exceptional boat. For
more information, please visit

About Anchors Aweigh Capital

Anchors Aweigh Capital (AAC),
was established in 2013 and is an investment banking and consulting firm
serving emerging growth and middle-market maritime and industrial
companies in the U.S. and worldwide. AAC provides objective advice to
private and public companies in the areas of mergers and acquisitions,
strategy, turnarounds and restructurings, debt and equity capital raises
and other advisory services focused on increasing the value of business
enterprises. Anchors Aweigh Capital is headquartered in Ft. Lauderdale,
FL and has offices in Dallas, TX, San Diego, CA and Portland, OR.

If you would like more information, please contact Trenton Waterhouse at
+1 623 523 1672 or email

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