Yacht Scoring Sold to North Sails Group with VR M&A of Charlotte Facilitating the Transaction
North Sails Group is pleased to announce the addition of Yacht Scoring to its family. Founded in 2006 by Luiz Kahl, Yacht Scoring is an easy-to-use yet powerful web-based race management and scoring tool used by hundreds of yacht clubs and race organizers around the globe. Kahl, who passed away unexpectedly in 2021, was a software developer by trade, a competitive sailboat racer, and a passionate race committee volunteer. This addition to North Sails Group is part of an ongoing mission to support the sport of sailing and increase participation. Yacht Scoring was assisted by VR M&A of Charlotte in the sale.
“After learning of the need to sell a family business, we engaged with Adam Petricoff, Managing Partner of VR Mergers and Acquisitions for help. Adam was attentive and caring and brought with him a proven and structured approach to identifying, vetting, and selecting prospective buyers.” Explains Gui Kahl, Luiz’s brother, “For the next several months, Adam and his team carefully and thoughtfully executed their playbook, going the extra mile to ensure we were informed on and comfortable with the process. In the end, Adam and the VR Mergers and Acquisitions team helped us select the absolute right partner to purchase the business and proudly carry the business and family legacy forward. We couldn’t have done with without Adam’s commitment and dedication to his client’s best interest.”
Yacht Scoring is race management and scoring system that simplifies the task of event registration and communications while allowing for complete results in near-real-time. The single online data-based platform streamlines regatta management and eliminates the need to maintain multiple independent spreadsheets for entry lists, scratch sheets, ratings, and competitors’ information. For sailors, Yacht Scoring’s quick and easy sign-in and live scoring program delivers immediate race results, helping sailors know the score before they return to the dock.
“Yacht Scoring is a tool to help race committees focus on what’s important, letting sailors have fun on the water,” says Gui Kahl. “In just ten years, Luiz grew Yacht Scoring into a must-have regatta management platform used by thousands of sailors. Beyond his business, Luiz was an avid supporter of Warrior Sailing, youth sailing, and Bayview Yacht Club, his home club, which will continue to be supported by Yacht Scoring.” Gui further explains, “The continuation of Yacht Scoring by the North Sails Group preserves Luiz’s legacy and will keep building on his vision.”
About VR M&A of Charlotte
Owned and operated by Adam Petricoff and the team of experienced business brokers, VR M&A specializes in providing intermediary services for buyers and sellers in the greater Charlotte, NC area as well as the Southeast region. VR M&A has been helping business owners confidentially sell their business in the area since 1998 with hundreds of successful deals completed.
To learn more about VR Mergers & Acquisitions, please contact our office today at 704-360-8898, email [email protected] or visit our website at vrcharlotte.com.