Disposition · Portfolio-company
Boat Holdings, LLC
Transaction overview
Status: Announced
Exact closing date not established.
Polaris Industries announced a definitive agreement to acquire Boat Holdings, a manufacturer owned by the Vogel family, management and Balmoral Funds. The announced transaction was expected to close in the third quarter of 2018, subject to customary closing conditions. Balmoral's role is attributed as sponsor-manager; its individual ownership percentage was not stated.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Polaris Industries Inc. Signs Definitive Agreement to Acquire Boat Holdings, LLC, the Leading Manufacturer of Pontoon Boats in the U.S. ↗
Balmoral Funds · Published May 30, 2018
Polaris Industries announced a definitive agreement to acquire Boat Holdings, a manufacturer owned by the Vogel family, management and Balmoral Funds. The announced transaction was expected to close in the third quarter of 2018, subject to customary closing conditions. Balmoral's role is attributed as sponsor-manager; its individual ownership percentage was not stated.