Correct Craft acquires Bryant Boats
Correct Craft is adding to its boat brands, announcing the acquisition of Bryant Boats Monday.
Bryant, located in Sweetwater, Tenn., builds sterndrive runabouts of 19 to 27 feet.
Previous Bryant owner and industry veteran John Dorton will remain at Bryant as both president and a minority shareholder. Dorton has also worked for several other brands, including a stint as president and CEO of MasterCraft.
“I am happy to continue leading Bryant into the future,” Dorton said. “We are all excited about the possibilities for growing Bryant significantly and globally in the years ahead. I also look forward to joining the Correct Craft family and working with both Bill and his team; our cultures are aligned and I believe we will be able to achieve great things together.”
In August, Bryant sold its Heyday Inboards brand to Bayliner.
Bill Yeargin, Correct Craft CEO, commented, “I could not be happier to announce the acquisition of Bryant Boats. We believe Bryant is an excellent brand with tremendous global potential. I am also very excited to have a respected leader like John Dorton joining our team. As someone who competed against John for many years I know he is not only one of the top leaders in our industry but also someone whom I tremendously respect. We have a bright future together!”
Correct Craft has made a number of acquisitions over the last few years, including boat brands Bass Cat, Centurion, Supreme and Sea Ark, and engine companies PCM and Crusader.
That growth and success also resulted in Yeargin being named the 2016 Boating Industry Mover & Shaker of the Year.
