Marine Group Boat Works

Invested

December 2024

Current Investment

With roots dating back to the 1970s, MGBW is a leading service provider in the ship retrofit, repair, maintenance, and construction industry. The company has a 1.0 million square foot facility/shipyard in the San Diego Bay, where it performs repair, maintenance, refits, coatings, and preservation services, as well as engine and generator repower. The company also maintains a state-of-the-art 180K sq. ft. facility in Puerto Los Cabos, focusing on recreational boat repair and storage.

Chula Vista, CA

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“My team and I have a bold vision for expanding the MGBW brand and pursuing new market segments, and our new partners share our vision. This investment represents an incredible opportunity for us to make our vision a reality. With the resources that they bring to the table, the sky is really the limit for us now.”

Todd Roberts, Co-Founder & President, MGBW

marinegroupbw.com

“The Caltius team impressed us with their due diligence and patience prior to investing. They visited our location and quickly figured out the drivers of our business. Their partnership and flexible capital structure align well with the Company’s long-term growth strategy.”

Steven Folse, Managing Director, Vigeo Investments

vigeoinvest.com

Loans made or arranged pursuant to a California Financing Law License, where applicable.