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Fairport Yacht Support and SYM Merge to Form Global Yacht Management Powerhouse

Posted March 18, 2024

Fairport Yacht Support’s strategic merger with Superyacht Management (SYM) in Golfe-Juan marks a significant milestone, enhancing its position in the superyacht management arena.

In a strategic move to bolster its presence in the yacht management sector, Fairport Yacht Support has joined forces with Superyacht Management (SYM) in Golfe-Juan, marking a significant milestone in the company’s expansion journey. This merger propels Fairport into an enhanced position within the superyacht management arena.

At the heart of Fairport’s ethos lies a commitment to excellence, underscored by a team of seasoned professionals dedicated to delivering exceptional service. Their expertise, honesty, and strong work ethic ensure that owners, captains, and industry professionals receive unparalleled support tailored to their individual needs. Partnering with SYM in Europe, Fairport enhances its reach, creating an intercontinental service network with over 100 yachts under management. This strategic collaboration leverages synergies in processes, skills, and data, further solidifying Fairport’s position as a global leader in yacht support services.

The journey of Fairport traces back to 2011 when Graeme Lord founded the company, naming it after his great-grandfather’s ship. Fairport was conceived to address the industry’s need for independent and transparent yacht support, earning a reputation for its straight-talking approach and unwavering commitment to integrity. Acquired by Island Global Yachting (IGY) Marinas in October 2021, Fairport continued to thrive under Graeme’s vision.

Meanwhile, on the other side of the globe, Ben Young MBE embarked on his journey with Sunseeker International, eventually spearheading the establishment of Superyacht Management (SYM) within the company’s framework. Under Ben’s leadership, SYM emerged as a comprehensive yacht management firm, offering a wide range of services from maintenance to financial administration. Now based in Golfe-Juan, SYM boasts a highly competent team and oversees yachts of all sizes across the Mediterranean.

The merger of Fairport and SYM under the MarineMax umbrella signifies a new chapter in the companies’ evolution. Together, under the Fairport name, they form an unrivaled global entity. With this merger, Fairport Yacht Support and SYM are primed to redefine the landscape of yacht management on a global scale.

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Professional services tailored to your needs.

The team at Superyacht Management (SYM) understands no two yachts are alike. It’s why we’ve tailored our Yacht Management services to satisfy the unique needs of owners, captains, crew, and their yachts. Thereby, assuring we maximize an owner’s enjoyment of their yacht no matter her size or location around the globe.

In today’s ever evolving regulatory environment, whether your yacht is private or chartered, its operation requires knowledge, experience, and skill levels typically found in commercial ship management. SYM has a wealth of experience in dealing with the day-to-day issues related to large yacht operation and are qualified to offer a full range of yacht management services which can be taken in á la carte fashion to suit the client’s every needs.

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MarineMax acquires SYM

MarineMax, Inc. announced that it has acquired Superyacht Management, S.A.R.L., better known as SYM. SYM is a superyacht management company based in Golfe Juan, France. The acquisition is expected to be accretive in its first full year. 

SYM is being acquired by Northrop & Johnson, a superyacht brokerage and charter services business, which MarineMax acquired in 2020. SYM expands Northrop & Johnson’s service offerings by enabling it to enter the important yacht management business and more effectively serve its expanding base of superyacht clients, while also strengthening its new build construction capabilities.   

“The addition of SYM complements MarineMax’s ongoing diversification into a higher margin and global business,” W. Brett McGill, chief executive officer and president of MarineMax, stated. “By adding SYM, the company strengthens its commitment to providing exceptional customer service experiences across all superyacht service offerings, including buying, selling, insuring, building, crewing, and chartering. We are very excited that Ben Young MBE, founder of SYM, and his team with their many years of invaluable yacht management experience will join forces with Northrop & Johnson.” 

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• Apr 7, 2022

MarineMax Acquires Superyacht Management Company SYM

By: BoatBlurb Staff

MarineMax, the world’s largest recreational boat and yacht retailer, has announced the acquisition of Superyacht Management, S.A.R.L., better known as SYM. SYM is a superyacht management company based in Golfe Juan, France.

The acquisition is expected to be accretive in its first full year and will strengthen MarineMax's position as a growing superyacht services provider. The company is already the world's largest recreational boat and yacht retailer.

The move marks a busy start to 2022 for MarineMax, who also had an eventful 2021. In May, they acquired the Cruisers Yachts brand , of which they already had a longstanding relationship. Then in November of 2021 they added Intrepid Powerboats to their growing portfolio.

SYM is being acquired by Northrop & Johnson, a superyacht brokerage and charter services business, which MarineMax acquired in 2020. SYM expands Northrop & Johnson’s service offerings by enabling it to enter the important yacht management business and more effectively serve its expanding base of superyacht clients, while also strengthening its new build construction capabilities.

W. Brett McGill, Chief Executive Officer and President of MarineMax, stated, "The addition of SYM complements MarineMax’s ongoing diversification into a higher margin and global business. By adding SYM, the Company strengthens its commitment to providing exceptional customer service experiences across all superyacht service offerings, including buying, selling, insuring, building, crewing, and chartering. We are very excited that Ben Young MBE, founder of SYM, and his team with their many years of invaluable yacht management experience will join forces with Northrop & Johnson.” #news #marinemax

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Looking for Yacht Management in Golfe-Juan, Southern France? Choose SYM/N&J

Superyacht Management (SYM), a subsidiary of Northrop & Johnson, is located in the beautiful Golfe-Juan office in the heart of the Mediterranean. SYM focuses on providing trusted yacht management services to ensure worry-free ownership. The SYM team excels at delivering bespoke management services, from handling day-to-day issues to ensuring operational compliance. Management services are designed to remove the pain points that yacht ownership can bring, allowing you to genuinely enjoy every moment of owning a luxury yacht.

Why choose N&J's yacht Management in Golfe-Juan?

• SYM’s team of experts have years of experience and are located in a prominent position in Port Camille Rayon
• This office is easily accessible for yacht owners and captains in the South of France
• Easy access to private jet terminals, including St Tropez and Cannes
• Located in the heart of the French Riviera, considered the epi-center of yachting
• Superb selection of world-class service providers, including large refit centers
• Easy access to elevated service offerings, including gourmet dining, exclusive beach clubs, and designer boutiques

Experienced yacht managers in the South of France

Our experienced yacht managers in the South of France provide an unwavering commitment to excellence, working tirelessly to protect your yacht as both an investment and a source of enjoyment. SYM's team has been handpicked for their market insights, industry intelligence, passion for excellence, and wide network of industry contacts. The SYM ethos is built on quality and trust, making us the go-to yacht management provider in the South of France. Contact our team today.

Full-service yacht management in Golfe-Juan

We excel at providing bespoke full-service yacht management services in Golfe-Juan and globally. Our management services are designed to cover the life cycle of yacht ownership and include:

• Yacht construction
• Yacht compliance & regulatory adherence
• Concierge services, including onshore activity support
• Yacht registration
• Financial administration
• Maintenance & repairs
• Yacht refit
• Yacht crew recruitment
• Specialist support

Discover why the world's most discerning owners trust SYM to manage every aspect of superyacht ownership.

Your expert yacht management team in Golfe-Juan

SYM's superyacht management team promises that your luxury yacht is in the best possible hands. Owning a private yacht is an investment that requires specialized knowledge and dedicated attention to ensure optimal enjoyment and maintenance. We are committed to making your yacht ownership experience truly exceptional, so you can focus on enjoying your yacht with complete peace of mind.

What is full operational yacht management?

Full operational yacht management is a term that covers the operational life cycle of a superyacht. Engaging the services of a professional yacht management company, such as SYM in Golfe Juan, provides uncompromised efficiency and complete peace of mind that your yacht is protected, both as a valuable asset and as a source of enjoyment. Operational yacht management will typically cover compliance, financial management, maintenance, safety and quality management, yacht insurance, and crew placement and administration.

What are the advantages of yacht management in the South of France?

The South of France is considered one of the key global epi-centers of yachting and is home to a superb selection of service providers, such as SYM. Our offices are strategically located in beautiful Golfe Juan - in the Port Camille Rayon - between Cannes and Cap D'Antibes, and close to superyacht hotspots such as St Tropez and the Principality of Monaco. Our Golfe Juan office location provides an accessible destination for yacht owners and their crew in the heart of the French Riviera.

Do I have to have a yacht manager in France?

No, there is no legal requirement for you to have a yacht manager in France. However, managing a superyacht can be time-consuming and complex and requires a clear understanding of ever-changing maritime laws and regulations. Instructing a professional yacht management provider, such as the team at SYM in Golfe-Juan, offers multiple benefits, including financial efficiency, enhanced safety, operational compliance, crew recruitment and management, and support with logistics and travel. Ultimately, having a yacht manager enables you to enjoy worry-free ownership knowing that even the smallest details are expertly taken care of.

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