On December 11, 2025, Boats Group, a Miami-based operator of online boat and yacht marketplaces, announced a growth investment from General Atlantic and Canada Pension Plan Investment Board. Existing investor Permira partially realized its investment while retaining a significant minority stake.

The transaction is expected to close in the first half of 2026, subject to customary closing conditions. Financial terms were not disclosed.

RBC Capital Markets and Paul, Weiss, Rifkind, Wharton & Garrison LLP advised General Atlantic. Deutsche Bank AG and Weil, Gotshal & Manges LLP represented CPP Investments. Evercore, Morgan Stanley & Co. LLC, and Latham & Watkins LLP advised Permira.