South Florida businessman Ismael "Issy" Perera has taken over operation of Allied Marine's service yard in Fort Lauderdale.
Perera, a retired corporate executive living on Key Biscayne, Fla., is the owner and president of Apex Marine, which launched operation of the site June 1. He negotiated a five-year lease with the Related Group - the owner of the property - and purchased certain assets, including all equipment, tools and parts currently on inventory, from Allied.
Terms of the agreement were not released.
"This now a full-service boatyard open to all boat owners," Perera said in a statement. Depending on the size of vessels being serviced, Perera says the yard can handle repairs on about 14 boats simultaneously.
Service manager Bill Dalton has stayed on with the company as vice president of service.
As Apex Marine, the yard will provide service and repair for yachts of 30 to 85 feet. The yard has a spray booth for exterior painting and also will provide a full gamut of mechanical and electrical services, including repowering and interior refits.
"Our focus will be to provide the best possible and most dependable service to our customers. As a boat owner, I think that is sometimes lacking," said Perera. "If we say your boat will be ready on a certain day, it will be ready."