Pembroke, a listed venture capital trust fund together with media specialists Lepe Partners are, reports say, poised to pay £10 million for the group that publishes
- Boat International
The magazines are available around the world and are also published in German, Chinese Russian and Arabic through franchised arrangements.
The company also publishes coffee table annuals including
Last sold in 2006 the company has in recent years made seen strong growth online and has made significant strides into the lucrative seminar and awards dinner markets
Pembroke was founded by the entrepreneur Peter Dubens. Other investors include super yacht owners; Sir Charles Dunstone, and Tara Getty who are expected to back the existing management team.