In early December 2018, the Schulte Group aquired the majority stake in Yachting Partners International Crew (YPI Crew), the Antibes-based, world-leading yacht crew recruitment agency.
YPI Crew operates now under the management of Bernhard Schulte Cruise Services (BSCS), the dedicated division of BSM offering technical and crew management specifically to the cruise industry.
In this transaction, BRS Yachting, the yachting head company of BRS Group and a world leading shipbroking company with offices in 20 different countries, sold its entire stake in YPI Crew. Laurence Lewis, Managing Director and co-founder of YPI Crew, continues to run the day-to-day business of YPI Crew as Managing Director and co-shareholder.
”We are delighted to welcome Laurence and her team at YPI Crew to the Schulte Group. Under the leadership of Les Royle, Managing Director of BSCS, our cruise division continues to increase its business activities in cruise management, particularly in the luxury expedition sector, and we see great potential for synergies that can be developed. This acquisition is part of our external growth strategy and we are excited about the opportunities that lie ahead, now that we have one of the foremost names in the luxury yacht recruitment sector as part of the Schulte Group family,” said Martin Springer, Deputy Managing Director of BSCS.
The clients of YPI Crew will benefit from the complementary skills, technologies and expertise of the two leaders in their respective market segments.