In February 2001, MCP led a leveraged recapitalization to purchase a majority stake in Hinckley, the premier yacht building and yacht service company in the United States. The Company designs and builds luxury powerboats and sailboats and operates two full service boatyards. In addition, Hinckley has robust brokerage operations that allow good control over the secondary markets for its boats. MCP worked with the company to expand operations
along the East Coast from Maine to Florida.
In December 2010, Hinckley was acquired by Scout Partners.
Date of Investment: February 2001
Date of Exit: December 2010
Web site: www.hinckleyyachts.com