SouthBridge Europe Mezzanine SCA SICAR announces its investment in Cosmos, a leading Group of companies in the short-lived rental (chartering) of sailing yachts to customers travelling in Greece and other destinations. The investment will enable Cosmos to dynamically increase its fleet and further expand its offering in both the Greek and International markets.
Cosmos Yachting (www.cosmos-yachting.gr) offers a full range of services in the yacht chartering sector, including the operation and chartering of own and third party vessels, charter broker services through international subsidiaries in Germany and the UK as well as official dealership for Greece of Bavaria Yachts in Greece.
Over the last 25 years, the Cosmos Group has established its presence in Greece, Germany and the UK, leading to a strong, loyal and continuously growing international client base. The Group has the opportunity to achieve a dominant position in the markets it operates, capitalizing on its inbound charter production capacity and industry know-how.
The global yacht chartering industry is expected to show strong growth in the coming years, with east Mediterranean markets such as Greece likely to experience the most rapid growth compared to other charter destinations.
SouthBridge Europe Mezzanine (www.southbridge–partners.com) is a €50m investment fund that supports Lower-Mid market companies in Greece and the region to achieve sustainable growth and long-term value. SouthBridge is backed by prime private and institutional investors such as the European Investment Fund (EIF). SouthBridge seeks to support proven management teams and invest in attractive investee companies to finance organic growth, expansion in new products/markets, and/or acquisition of complementary businesses that can provide an additional opportunity to improve competitiveness.