Hatteras Yachts is partnering with SNO Yachts to establish Hatteras Yachts Europe to distribute Hatteras boats in Europe.
Hatteras Yachts, founded in North Carolina in 1959, builds offshore sportfishing yachts and convertibles from 54 to 100 feet. The company was bought by Philadelphia-based Versa Capital Management LLC affiliate Navis HCY Acquisition LLC in 2013.
A fully refurbished Knit Wits — the first Hatteras sportfishing yacht, built in 1960 — was the centerpiece of an employee appreciation day at the New Bern, N.C., headquarters. Employees who worked to restore the boat signed their names on the hatch of the 41-foot convertible “sort of as a time capsule,” president John Ward…more
Hatteras and Cabo Yachts have seen an uptick in sales and activity in the six weeks since the brands’ sale from Brunswick Corp. to Philadelphia-based private equity firm Versa Capital Management LLC. “I think that finally getting the news that the company has been sold and that it’s owned by a U.S. private equity company…more
Hatteras and Cabo dealers are fortunate that the brands were bought by a group that believes in letting the builders’ management team run the company, according to the co-owner of a California-based dealer. John Buettner, co-owner with his brother Brad of California-based Stan Miller Yachts, says he is feeling positive after a principal-dealer telephone meeting…more
Hatteras Yachts announced today the redesigned 80 Motor Yacht. The new 80 MY retains key elements that have made it one of Hatteras’ most successful motor yachts, but offers a new layout and additional standards and options, the company announced. The relocation of the arch on the flybridge gives the 80 MY a rakish and…more
About 200 Hatteras Yachts employees returned to work last week, their first full week since a July 1 furlough. “We have called back all of the hourly people who were on temporary furlough and are in the early stages of looking like we’re a real business again,” Bill Naumann, Hatteras Yachts chairman, told the New…more