Capital West Partners advises on the sale of Thunderbird and Westport Marinas
Thunderbird Marine Corp., the largest and oldest marina operator in British Columbia, has sold its two marinas and associated real estate to an investment consortium led by Prospero International Realty.
The family run business developed, expanded and operated Thunderbird Marina in West Vancouver and Westport Marina in Sidney, BC for three generations. Combined, both marinas have over 1,100 boat slips, accommodating powerboats and sailboats up to 80 feet, sizeable commercial boat yards, and a successful yacht brokerage division.
Prospero International is an integrated real estate management and development company headquartered in Vancouver. Led by its current president, Derek Lee, Prospero partnered with two other local investors to complete the acquisition.
In this transaction, Capital West Partners acted as the exclusive financial advisor to Thunderbird Marine Corp.
For additional information contact:
Doug Irwin
(604) 718-6802
About Capital West Partners
Founded in 1990, Capital West Partners is an independent M&A advisory firm based in Vancouver, BC. As mid-market specialists, we deliver focused financial advice and transaction expertise to public and private companies, as well as public sector entities, in Western Canada and beyond for a range of transaction situations, including:
- Divestitures
- Mergers & Acquisitions
- Strategic Financings
- Valuations & Fairness Opinions
- Financial Advisory Assignments
Capital West has a proven track record of 30+ years of completing transactions that maximize value for our clients. Since inception, we have completed deals with over $11 billion in combined total value.
Capital West is also a proud partner in IMAP (International Mergers and Acquisitions Partnership), a global organization of highly experienced middle-market advisory firms in over 40 countries. Through IMAP, we maximize our global reach to bring industry and country expertise to every one of our assignments, and to find our clients the best buyers and investors in North America and beyond. www.imap.com