UK-based yacht charter brokerage HELM has been re-acquired by its founders, Peter Harrison-Hill and Simon Morgan. The company was sold to Borrow A Boat in June 2021, to provide stability to HELM following the uncertainty surrounding the Covid-19 pandemic.
The transaction was overseen by specialist business advisory firm FRP, with Harrison-Hill and Morgan resuming the day-to-day running of their flagship brand. “We have always placed our customers’ needs first and believe this is vital to our long-term success,” explained Simon Morgan.
“It was a key consideration in taking the company back and we remain committed to being transparent with our customers while ensuring they have amazing yachting holidays.”
Since 2021, HELM has gone from strength to strength, delivering almost 700 booked charters in 2022 alone, as well as being on course for over 1,000 charters for Summer 2023. The brand is advancing at a strong speed, building upon strong relationships with clients and selected fleet operators around the world.
“We’re excited for the future and are aiming for even more sustainable growth in 2023. We’ve seen really high demand lately, and after posting record bookings in FY2022 and Q1 2023, we are very excited about what the future holds for HELM and all of our customers,” concluded Simon Morgan.