Freeman Marine Equipment, Inc. (“Freeman”) located in Gold Beach, Oregon, is one of the world’s preeminent designers and manufacturers of marine closure products. Freeman high performing hatches, windows, and doors are installed on superyachts, military vessels, and commercial boats around the world. Founded more than 30 years ago, Freeman’s principals sought a partner who could provide further investment and capabilities to broaden the product line, while maintaining the business in the Gold Beach area.
Zachary Scott was engaged as the exclusive financial advisor to represent the owners in the sale of 100% of the stock of Freeman Marine Equipment, Inc.
After a broad search for partners with the desired attributes, Freeman was sold to Advanced Marine Technologies (“AMT”), a leading marine equipment manufacturer based in British Columbia. The Advanced Marine companies include Diamond Sea Glaze, Manly Marine and Steelhead Marine. The acquisition supports AMT’s strategy of expanding its product line in the marine closure industry.