March 6, 2018, FORT LAUDERDALE, Florida
YATCO, the Official MLS of Yachting, has recently completed a major round of funding to accelerate its worldwide growth plans. "The increased capitalization to YATCO will allow us to better reach the worldwide consumer marketplace as well as accelerate the introduction of our all new BOSS platform which will revolutionize the yachts for sale and charter marketing business by integrating all software into a single back office solution” said Steven J. Myers, founder and CEO of YATCO. "Over the past two decades, we have been approached by every major media company in the industry but have chosen to remain independent and remain true to our mission of serving the best interests of the professional yacht broker. The private funding that we have just completed will allow us to stay true to this mission for the long term and allow us to better serve our professional members through increased consumer reach and awareness”.
Over the past twenty four months YATCO has ramped up its development and marketing team to over 17 professionals located in Florida and Europe. The company also plans for further expansion of personnel in California, Annapolis, London, and the South of France by the end of 2018. “For the past 18 years YATCO and our preceding company Yachtcouncil have done an amazing job of serving the world’s leading professional luxury yacht brokers with integrity, professionalism and leading edge technology.” says Director of Marketing Helen Ryan. "With this new phase of our growth we are now excited to aggressively expand our reach to both the online yachting and boating markets worldwide. In addition to the all new YATCO BOSS system to better serve our professional members, we will be launching an all new consumer site and partnerships which will expand the YATCO marketplace to better reach boat owners in every marketplace”.
As the Official MLS of Yachting, YATCO serves over 2,000 professional yacht brokers and promotes over $15 billion in its online central listing marketplace which facilities over $5 billion in annual sales. The company has recently expanded its new headquarter in Coral Springs, Florida.