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IYC acquires The Sacks Group

International Yacht Collection acquired The Sacks Group Yachting Professionals, a leading full-service superyacht charter and brokerage company.

Terms of the deal were not disclosed.

"Our companies share similar values," said Felix Sabates, chairman of Fort Lauderdale-based IYC, in a statement. "We both put our clients first and are committed to new ideas to improve their yachting experience. As partners, together we offer a compelling first-class service to charter clients, owners, captains, crew and shipyards around the world."

With this acquisition, the group's combined fleet of charter, brokerage and management yachts will total more than 160, which amounts to more than 20,000 linear feet of yachts.

IYC is a division of Trinity Yachts.

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