Founded as North Sails in 1957 by Lowell North, before being sold to Terry Kohler in 1977, the company has expanded over the years to become the North Technology Group, parent to a wide range of companies that includes Southern Spars. With their 3DL and 3Di technology, North-built sails have been a popular choice for superyachts, while Southern Spars have a 60% share of spars on all superyachts (see in depth report on Southern Spars in issue 151 of The Superyacht Report).
Oakley Capital Investments was founded by keen yachtsman Peter Dubens. A fund owned by Dubens, the Pembroke Venture Capital Trust, also made headlines in the yachting news in January when it purchased the Boat International Media Group.
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