Client and commercial decisions
The Yachts leadership team remains accountable for how the company serves clients and wins work.
About NumiNova Yachts
A long-term owner for specialist yacht businesses.
NumiNova Yachts is being built within NumiNova Private Clients to acquire and grow specialist yacht businesses. NumiNova provides capital and Group infrastructure. Experienced yacht executives will lead the operating company.
The operating model
Built around experienced yacht operators.
NumiNova Group sets strategy, raises capital and provides shared research and technology. Scott Hallman leads NumiNova Private Clients, with responsibility for building leadership teams and executing acquisitions across its specialist companies.
NumiNova Yachts will be led by an experienced yacht chief executive with responsibility for clients, people, transactions, service standards and profit and loss. Finance, reporting, technology, recruitment and integration support come from the wider Group.
Who does what
Who is responsible for what.
The structure keeps investment discipline at Group level and operating authority inside NumiNova Yachts.
1
Sets strategy and funds acquisitions
NumiNova Group
Niel Malan leads Group strategy, fundraising and investment decisions, supported by Group research and technology.
2
Builds and acquires specialist companies
NumiNova Private Clients
Scott Hallman leads company building, acquisition execution and portfolio support across NumiNova Private Clients.
3
Runs the yacht business
NumiNova Yachts
The chief executive will be responsible for profit and loss, clients, people, acquisitions, integration and growth.
Leadership
Group leadership.
The current leadership team covers Group strategy, acquisitions, finance and company building. A proven yacht chief executive and operating team will lead NumiNova Yachts.
Niel Malan
Founder and Chief Executive, NumiNova Group
Niel founded NumiNova and leads Group strategy, fundraising and investment decisions. He is responsible for the investment thesis and acquisition decisions behind NumiNova Yachts.
Kalene Smalberger
Co-founder, Operations and Finance, NumiNova Group
Kalene is a Chartered Accountant who began her career at PwC. She leads Group operations and finance, including the financial controls and reporting NumiNova Yachts will need as it acquires businesses.
Scott Hallman
Chief Executive Officer, NumiNova Private Clients
Scott has built, bought and sold founder-led service businesses. He leads NumiNova Private Clients, builds leadership teams around each specialist company and leads acquisition execution and integration across the portfolio.
How Yachts will be run
The Yachts chief executive has the operating mandate.
Scott will build the company with a yacht chief executive and operating team whose industry record, relationships and commercial judgement are central to the strategy.
Industry relationships
Relationships with owners, brokers, captains and specialist partners remain with the people who hold them.
Service standards
Yacht leaders set the brokerage, charter, management and technical standards.
Acquisition judgement
The operating team evaluates businesses and leads the practical work of integration.
Profit and loss
The Yachts chief executive owns the operating result and the plan for growth.
NumiNova provides resources and investment discipline. Yacht leaders remain responsible for the business.
Ownership
Our model is long-term ownership.
NumiNova Yachts will grow through acquisitions across brokerage, charter, yacht management, central agency, technical and refit work, and owner services.
We intend to hold and build each business over time. Each deal must retain the right people, strengthen client service and leave the business better placed to grow.
Private conversations
Speak with us about succession or leadership.
We welcome private conversations with yacht business owners considering succession and experienced operators ready to lead. We also consider strategic proposals with a clear commercial purpose.