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During February 2019, our client STF Group completed the sale of 70% of its business to a private investor.
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Established over 20 years ago by Scott Fickling, the business has evolved to become one of Auckland's leading specialist marine maintenance and management companies. It provides marine engineering services, including:
- Marine maintenance
- Marine refurbishment
- Capital projects, including the construction of board-walks,seawalls,wharves and jetties; and
- Boat yard management
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After 20 years of working in the business, Scott believed the time was right to sell a majority stake of his business and partner with an experienced and capable investor to help capitalize on STF’s strong market position, forward order book and growth opportunities.
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Whilst Scott remains actively involved in the business, the sale has allowed his more time to spend with his young family, as well as spending the winter months sailing abroad.
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