Channel Eye
Skipton International
  • Business
    • Appointments
    • Data Protection
    • Digital & Technology
    • Environment
    • Features
    • Financial Services
    • Interviews & Profiles
    • Leadership
    • Legal & Professional Services
    • People
    • Property
    • Retail & Hospitality
    • Transport
    • Wellbeing at Work
  • Careers
  • Events
    • Events in Jersey
    • Events in Guernsey
    • Events in Isle of Man
    • Events in Alderney & Sark
    • Virtual events
    • All events
    • Past Events
  • Lifestyle
    • Arts & Culture
    • Charity & Community
    • Education
    • Food & Drink
    • Health & Wellbeing
    • Home
    • Leisure
    • Travel
  • Location
    • Jersey
    • Guernsey
    • Isle of Man
    • Alderney & Sark
  • Advertise
  • Subscribe
No Result
View All Result
Channel Eye
No Result
View All Result
Skipton International
Home Business Financial Services

Sarnia Yachts acquisition by Praxis complete

July 4, 2023
in Business, Financial Services, Guernsey, Jersey
Sarnia Yachts acquisition by Praxis complete

Luxury motor yacht sailing at sunset. Moody atmosphere. Diminishing perspective.NOTE: Intentionally underexposed in order to get a moody atmosphere and a nice sun light. More of yachting in this lightboxes

Share on LinkedInTwitterFacebookEmail

Global private wealth and corporate services provider Praxis has completed the acquisition of specialist superyacht ownership and operational services business Sarnia Yachts.

The deal, which was initially announced in mid-May, adds a diverse range of services, including yacht ownership, yacht management, crew management, yacht insurance support, and ownership administration and support for family offices on yacht-related services.

Praxis CEO, Rob Fearis, said: “We’re delighted to finalise the acquisition so quickly after the initial announcement, aided by the swift turnaround from the regulator and competition authority.

“Our combined clients will benefit from access to an expanded range of services and this development opens up a wealth of new possibilities for the Group.”

Sarnia Yachts’ 22 employees will be joining the Praxis team, ensuring continuity for the firm’s existing clients and referrers as well as providing access to the extensive range of private wealth and corporate services that the Group provides.

Mr Fearis, who met the entire Sarnia Yachts team across Guernsey, Malta and the UK in the days following the initial announcement, added: “In addition to our new services we’re welcoming onboard a highly experienced and dedicated team who will provide continuity for clients and bring new expertise to Praxis.”

With a pedigree of over 50 years, Sarnia Yachts is one of the longest-standing players in the superyacht support sector, and has a global client base of owners, trustees, family offices, lawyers and brokers.

The rebrand to Praxis is expected to complete during the summer.

ShareTweetShareSend

Sue Fitzgerald

Related Stories

Praxis appoints MD to lead Guernsey Private Wealth team
Appointments

Praxis appoints MD to lead Guernsey Private Wealth team

July 2, 2025
Praxis earns back-to-back STEP Private Client  Awards nominations
Legal & Professional Services

Praxis earns back-to-back STEP Private Client Awards nominations

June 23, 2025
James Harrison
Financial Services

Praxis celebrates future leaders named in NextGen leaders list

June 12, 2025
Next Post
Kroll in Jersey appoint new Managing Director

Kroll study finds technology is key in tackling rising financial crime risks

Skipton International
Channel Eye subscribe
  • Channel Eye Careers
  • Channel Eye Careers
  • Channel Eye
  • Channel Eye Careers
  • List your event
  • Channel Eye Careers
  • Channel Eye Careers

Be the first to know​

Subscribe to the essential islands business news, direct to your inbox every morning​
Butterfield
  • Business
  • Careers
  • Events
  • Lifestyle
  • Subscribe
  • Advertise
  • Privacy Policy
  • Contact

©2025 Channel Eye Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

 
No Result
View All Result
  • Business
    • Appointments
    • Data Protection
    • Digital & Technology
    • Environment
    • Features
    • Financial Services
    • Interviews & Profiles
    • Leadership
    • Legal & Professional Services
    • People
    • Property
    • Retail & Hospitality
    • Transport
    • Wellbeing at Work
  • Careers
  • Events
    • Events in Jersey
    • Events in Guernsey
    • Events in Isle of Man
    • Events in Alderney & Sark
    • Virtual events
    • All Events
    • Past Events
  • Lifestyle
    • Arts & Culture
    • Charity & Community
    • Education
    • Food & Drink
    • Health & Wellbeing
    • Home
    • Leisure
    • Travel
  • Location
    • Jersey
    • Guernsey
    • Isle of Man
    • Alderney & Sark
  • Advertise
  • Subscribe
  • Contact

©2025 Channel Eye Limited.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.