Concordia Company

What Concordia Company does

Concordia Company, Inc. is a privately held marine services firm founded in 1926 and headquartered at a 14-acre boatyard facility at 300 Gulf Road in South Dartmouth, Massachusetts, one mile from Padanaram Harbor. The company provides a comprehensive suite of yacht maintenance, restoration, repair, and boatbuilding services across sail and power yachts in wood, fiberglass, and composite construction, delivered by a small (1–10 employee) team with average tenure of 9 years. Core service lines include marine mechanics, custom carpentry, fiberglass fabrication and repair, painting and varnishing (Awlgrip, West Systems, Epifanes, Interlux, Petit, Sikkens Cetol), traditional and modern rigging (including hand wire and line splicing), hauling and launching (via Brownell Systems), and mooring services across 155 managed moorings in the South Dartmouth/Padanaram area.

The firm operates four distinct revenue streams: (1) professional services for yacht maintenance, restoration, and custom project work billed per job; (2) brokerage commissions on the sale of Concordia yawls and other classic yachts; (3) hardware/merchandise sales through an e-commerce storefront carrying Concordia-branded apparel (sweaters $165, totes $119, hoodies $75, beanies $42, caps $20) co-developed with New England manufacturers Steele Canvas and Merrow Knits Mill, plus marine parts; and (4) a subscription newsletter, The Concordian ($30/year, ~79 issues since 1986). The company is the original commissioning entity for the iconic Concordia yawl line (103 boats built by Abeking and Rasmussen between 1938 and 1966, plus a 104th launched in 2019) and maintains an online Yawl Directory cataloging every vessel in the fleet.

Concordia is family-owned across three generations since Brodie MacGregor's 1981 acquisition, currently led by Stuart MacGregor as President and GM. Its go-to-market relies on heritage brand equity, a tight-knit global community of yawl owners connected through The Concordian newsletter and annual events such as the Concordia Cruise, and direct engagement at the South Dartmouth boatyard. No external private equity or institutional investment has been identified, and revenue is not publicly disclosed.

Name

Concordia Company

Legal name

Concordia Company, Inc.

Website

https://concordiaboats.com

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

1–10 employees

Short description

Concordia Company is a 100-year-old, family-owned yacht service and restoration boatyard in South Dartmouth, MA, serving classic yacht owners, the 103-vessel Concordia yawl fleet, and maritime lifestyle consumers with maintenance, restoration, brokerage, marine parts, and branded apparel.

Ownership category

akta.pro rank

Product category

Boatbuilding and Marine Services

NAICS

Boat Building (336612), Marinas (71393), Boat Dealers (441222)

SIC

Ship & Boat Building & Repairing (3730)

akta.pro primary industry

Semi-Custom & Series Production Yacht Manufacturing (IMAJAEAM)

akta.pro secondary industries

Sailing Yacht Manufacturing (IMAJAEAA), Marina & Small Craft Harbor Construction (IMAFAJAG)

Keywords

• Yacht maintenance services
• Classic yacht restoration
• Marine carpentry
• Boatbuilding services
• Marine parts retail

Headquarters

HQ city

South Dartmouth

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Operations, Supply Chain, Marketing or Sales

Revenue model

1. Yacht Service, Restoration & Maintenance: The primary revenue driver. Concordia provides comprehensive yacht maintenance, restoration, repair, and custom project work on all varieties of recreational yacht (sail and power, fiberglass, wood, or composite). Services include mechanics, carpentry, fiberglass, paint, rigging, hauling/launching, and mooring services. Revenue is project- and time-based, billed per job or service engagement.
2. Boatyard and Brokerage Services: Concordia acts as a boatyard and broker for Concordia yawls and other classic yachts. It maintains a brokerage listing page and manages the sale and acquisition of vessels. Revenue derives from brokerage commissions on yacht sales.
3. Merchandise and Apparel Sales: Sale of Concordia-branded apparel and gifts including knitwear, beanies, hats, marine canvas bags, dock totes, t-shirts, hoodies, and more — manufactured locally in Massachusetts. Direct-to-consumer sales via the company e-commerce storefront.
4. Marine Parts and Equipment Sales: Concordia inventories and sells marine parts at its South Dartmouth yard, including restored masts, hardware, and consumables. Customers can browse and purchase parts via the website or in person.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Concordia Company operates a 14-acre boatyard in South Dartmouth, Massachusetts providing comprehensive yacht maintenance, restoration, repair, and custom boatbuilding services for sail and power yachts in wood, fiberglass, or composite construction. The company also operates a yacht brokerage for Concordia and classic vessels, sells marine parts and Concordia-branded apparel, and publishes The Concordian newsletter for the global Concordia yawl owner community.

Product overview

Concordia Company is a boatyard and marine services firm offering a comprehensive suite of yacht maintenance, restoration, and boatbuilding services. The company operates as a single unified service offering rather than a platform-plus-modules architecture. Core services include marine mechanics, custom carpentry, fiberglass repair, painting and refinishing, rigging, hauling/launching, and mooring services. Supporting offerings include a parts and supplies store, an apparel and gifts shop, and a brokerage service for Concordia yachts. The company's signature product is the Concordia Yawl, with 103 commissioned between 1938 and 1966, for which they maintain a comprehensive directory and ownership records. They also publish The Concordian newsletter for the Concordia yacht community.

Differentiator

Problem solved

Functional benefit

Products and services

• Yacht Maintenance & Restoration Services Comprehensive yacht maintenance, restoration, and boatbuilding services for recreational yachts (power or sail, fiberglass, wood, or composite) including mechanics, carpentry, fiberglass repair, painting, and rigging.
• Custom Marine Carpentry Custom interior joinery, wooden mast repair and building, teak deck replacement, deck hardware re-bedding, and bespoke woodwork for yachts of various constructions.
• Mechanical Systems Services Engine installation and service, raw and fresh water plumbing, electrical and battery systems, generators, heaters, stoves, and fuel and filtration systems for yachts.
• Fiberglass Repair & Refinishing Fiberglass part fabrication and repair, storm damage repair, blister and bottom core repair, Awlgrip finishing, and spring commissioning for fiberglass yachts.
• Marine Painting & Finishing Paint services with modern and traditional finishes (Awlgrip, West Systems, Epifanes, Interlux, Petit, Sikkens Cetol), bottom stripping and refinishing.
• Marine Rigging Services Traditional rigging made to order, wire and line splicing by hand, and preventive care and inspection for sailing vessels.
• Hauling & Launching Services Boat hauling and launching in partnership with Brownell Systems, serving ramps between Newport and Hingham.
• Mooring Services Mooring commissioning, decommissioning, inspection, and installation in the South Dartmouth/Padanaram area with approximately 155 moorings available.
• Concordia Apparel & Gifts High-quality apparel and merchandise including Concordia Cruising Sweater, Dock Tote, beanies, caps, t-shirts, and hoodies, made locally in Massachusetts and sold direct-to-consumer.
• Marine Parts & Supplies Marine parts inventory available for sale, including restored masts, dock ladders, gas springs, and other components.
• Concordia Brokerage Services Brokerage service for buying and selling Concordia yachts and other classic vessels, including listings of boats for sale and restoration candidates.
• The Concordian Newsletter Biannual print and digital (PDF) newsletter subscription ($30/year) featuring fleet updates, restoration stories, owner profiles, and historical content for the Concordia yawl community.

Quantifiable outcome

• 103 Concordia yawls commissioned 1938–1966; vast majority remain sailing today
• +3 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Abeking and RasmussencoreStrategic or Co-development PartnerThe German shipyard Abeking and Rasmussen (Lemwerder, Germany) was the exclusive primary builder of Concordia yawls, constructing all but four of the 103 commissioned between 1938 and 1966. The relationship was built on trust — A&R shipped complete boats before receiving final payment. The final yawl, Irene (#103), was shipped in 1966. A scale model of a Concordia yawl made by A&R's model builder, Herr Potzka, sits in Concordia's office today.
• Brownell SystemsminorOthersBrownell Systems handles the hauling and launching of boats at the Dartmouth Town Landing. Concordia riggers, mechanics, and service contacts act on behalf of owners in bringing boats to trailers. Concordia's working relationship with Brownell extends to hauling from many ramps between Newport and Hingham.
• Steele CanvasminorStrategic or Co-development PartnerConcordia collaborated with Steele Canvas mill in Wilmington, Massachusetts — another 100-year-old New England brand — to design and produce the Concordia Dock Tote. This is a co-branded merchandise product.
• Merrow Knits MillminorStrategic or Co-development PartnerConcordia's Beanie Cap is manufactured locally at the historic Merrow Knits Mill in Fall River, Massachusetts, a relationship that supports local manufacturing and authentic New England craftsmanship messaging.
• C. Raymond HuntcoreStrategic or Co-development PartnerLegendary naval architect C. Raymond Hunt co-designed the Concordia yawl with Waldo Howland. Hunt's design expertise and Howland's sailing knowledge produced the iconic Concordia yawl, one of the most successful stock racer-cruisers ever built. The first yawl commission came in 1936.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Hinckley Yachts: Iconic New England yacht builder and service operator with a network of service yards. A broader incumbent that overlaps with Concordia's service, brokerage, and luxury yacht restoration activity.

Direct peers

• Brooklin Boat Yard: Maine wooden boatbuilder and restoration yard that serves classic yacht owners. Comparable in craft, customer base, and project-based service model.
• New England Boatworks: Rhode Island yacht service and boatyard with strong wooden-boat restoration capabilities. Overlaps with Concordia on repair, restoration, and yacht services for classic vessels.
• Classic Boat Workshops: Maine-based wooden boat restoration and traditional craft training outfit. Comparable service offerings and customer base for classic yacht owners.
• Gannon & Benjamin Marine Railway: Martha's Vineyard-based wooden boat restoration and sailing yacht builder. Comparable in classic-yacht focus, craft-based service offering, and New England customer base.
• Rockport Marine: Maine-based classic yacht restoration and boatbuilding yard. Directly comparable to Concordia in services, customer base, and project types (e.g., recently refit yawl CAPTIVA #100).
• Scarano Boat Building: Albany, NY-based custom boatbuilder and restoration yard with a comparable mix of new construction, restoration, and marine carpentry services.

Regional players

• Maine Coast Boatique / Hamlin's Marine: Regional Maine wooden boat and classic yacht service providers. Comparable in craft-based restoration but operating in a distinct adjacent sub-region.

Emerging players

• Lowell Boat Company: Specialty boatbuilder notable for reviving the Concordia-style lobsterboat aesthetic with high-end craftsmanship. Adjacent as a New England boatbuilder drawing on similar heritage and clientele.

Others

• Mystic Seaport Shipyard: Museum-based wooden boat restoration and preservation yard. Related as a peer in the niche of traditional marine craft preservation, though not a for-profit competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/concordiayachts
• Instagraminstagram.com/squarespace
• LinkedInlinkedin.com/company/concordia-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Concordia Company