Freedom Boat Club Acquires Greater Boston & Cape Cod Franchise
Freedom Boat Club just acquired the Freedom Boat Club of Greater Boston & Cape Cod franchise operations, the largest current franchise in the Freedom network.
The acquisition includes 21 locations across Greater Boston, Cape Cod and surrounding areas, according to the company, further expanding Freedom’s corporate club portfolio in the Northeast. The transaction also includes a Maintenance Operations Center and Dealership anchored by a 7,200-square-foot facility.
The Greater Boston and Cape Cod operation was founded and grown under the leadership of Matt Carrick and Matt O’Connor, according to the company. The club is recognized for consistent membership growth and satisfaction as well as strong operational performance.
“This acquisition is an exciting step for Freedom Boat Club in the Northeast, and a natural fit for our growth strategy,” said Cecil Cohn, President, Freedom Boat Club, in a news release. “We’re acquiring a thriving club with a long runway for growth in a premier market, a state-of-the-art Maintenance Operations Center we can leverage across our Northeast operations, and a high-performing boat dealership to diversify and advance our fleet resale capabilities. Matt Carrick and Matt O’Connor have built an outstanding operation with a proven track record and a talented team of future leaders. We’re looking forward to building upon that foundation as we continue to scale the world’s largest boat club.”
Following the acquisition, Matt O’Connor and Matt Carrick will remain Freedom Boat Club franchisees, according to the company, continuing to operate their club locations in Ocean and Monmouth County, NJ, and remaining actively involved in the ownership group running Freedom Boat Club of Ohio and Freedom Boat Club of Pittsburgh.
“We are proud of what we built in Greater Boston and Cape Cod, and we’re excited for what lies ahead under Freedom’s corporate leadership,” said Carrick in the release. “Our members are in great hands, and we are excited to remain active franchise owners in other markets across Freedom Boat Club’s global network.”
