Hinckley Company owner Scout Partners LLC purchased Hunt Yachts, a move both company presidents say makes sense.
“It’s exciting,” Hinckley president Jim McManus told Soundings. “If you think about two brands that really make sense together, it’s Hunt and Hinckley. Both have extraordinary heritages.”
“I couldn’t have designed a more ideal scenario for us,” Hunt Yachts president Peter Van Lancker said. “We should be good siblings and Scout understands the business and is committed to the business.”
The two companies are looking to leverage marketing, service and sales opportunities for both brands, which will remain autonomous. “The brands are intended to be different and hit different markets,” Van Lancker said. “Initially there’s a great deal of autonomy. Essentially nothing has changed.”
The two companies have their headquarters next door to each other in Portsmouth, R.I., McManus pointed out. “From a culture standpoint, and a people standpoint, it’s fun. We’re creating an atmosphere where people share the same values. We’ve had a number of Hunt employees who were former Hinckley employees. It’s really fun the way people work together under the umbrella of Scout Partners. Basically we work to help each other become more successful as companies.”