Leadership teams, workforces, and dealer networks will remain in place

Michael Reardon, founder of Daedalus Yachts and owner of Catalina Yachts and True North motoryachts, has acquired Tartan Yachts, Freedom Yachts, and AMP Carbon Spars from Seattle Yachts.

Production will remain divided across existing facilities: Tartan Yachts and AMP Carbon Spars will continue in Painesville, Ohio; Catalina, True North, and Freedom will be built at Catalina’s Largo, Florida, plant; and Daedalus carbonfibre catamarans will stay in Edenton, North Carolina.

Leadership teams, workforces, and dealer networks will remain in place, while administrative functions such as purchasing and legal will be centralised.

“Tartan, Freedom, Catalina, and True North each have a proud history and loyal following,” says Michael Reardon, CEO of Daedalus Yachts. “Together, we have the teams, resources, and shared vision to protect each brand’s legacy while driving innovation for the next generation of boaters.”

Patrick Turner, president of Catalina Yachts, adds: “By collaborating across these respected brands, we can invest in innovation and deliver boats that keep people sailing, cruising, and exploring for decades to come.”

Reardon said the consolidation aims to strengthen US boat building, with plans for new models, design updates, and sustainability measures. These include reducing CO₂ emissions and waste, developing composite technologies, using natural materials, and exploring alternative propulsion.

About the Brands

  • Tartan Yachts – Established in 1971, the company builds performance sailing yachts in Painesville, Ohio
  • Freedom Yachts – Founded in 1976 by sailor and innovator Gary Hoyt, who introduced unstayed rigs to reduce maintenance and improve sail efficiency
  • Catalina Yachts – Founded in 1969, Catalina has become one of the largest and most established sailboat builders in the US
  • True North Yachts – A line of Downeast-style powerboats, produced at Catalina’s Largo, Florida, facility

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