ANNAPOLIS, MD, July 30, 2019 — CYOA Yacht Charters, the Virgin Islands charter company with nearly 40 years of operations and Atlantic Cruising Yachts, North America’s largest Fountaine Pajot and Jeanneau dealership (“ACY”), have joined forces to expand their operations and offerings. Christian Bent, President of ACY, will acquire a partnership interest in CYOA, along with John Jacob, the President and current sole owner of CYOA. The new ownership group will contribute investment and working capital to expand the marketing and service operations and significantly increase the fleet capacity of CYOA.
“CYOA has built an impeccable reputation serving yacht owners and charter customers in the Virgin Islands charter market,” said Christian Bent. “We are excited to partner with a team that we consider to be the best in the business, to provide the highest standard of charter management and maintenance services in the Caribbean to our clients. CYOA will continue to raise the bar for the charter industry.”
Bent added that the new partnership will begin with a significant investment into expanding and improving the operations and facilities of CYOA’s current home charter base in Frenchtown, St. Thomas. Easy access and direct flights from many U.S. cities, a central location for chartering throughout the U.S., British and Spanish Virgin Islands, and the modern conveniences and infrastructure of a U.S. territory make St. Thomas the ideal spot to base charter operations.
CYOA has offered bareboat and skippered yacht charters for over three decades, operating out of the Frenchtown Harbor Marina and serving the British Virgin Islands, U.S. Virgin Islands, and Spanish Virgin Islands. Owner John Jacob and his crew of experienced sailors and maintenance professionals have earned a reputation for excellence.
Atlantic Cruising Yachts is one of the largest sailing yacht dealerships in North America and was recently named Fountaine Pajot’s Dealer of the Year and Jeanneau’s North American Dealer of the Year. The company founded the Waypoints® group of independently owned yacht management companies and has received recognition for its innovative ownership program, Business Yacht Ownership®, which can help owners offset their costs with tax advantages and income.