Surf Lakes Holdings (Secondary Market Transaction)

Australia|Sportech

Overview

Surf Lakes has invented a revolutionary, proprietary method of producing high-quality surfing waves in a controlled lake environment. By sending large concentric waves over separate reef breaks, a Surf Lakes facility is capable of producing over 2000 waves per hour.

Surf Lakes is an unlisted public company that provides a technologically advanced wave-generating device and bathymetric reef designs to operators of theme, amusement, and watersports parks. It was founded in July 2016 and is currently headquartered on the Gold Coast in Australia. Surf Lakes has developed a full-scale working prototype at its R&D facility in Yeppoon, QLD, which is being used to provide demonstrations and market the product to licensees.

Surf Lakes technology produces a variety of waves in all directions allowing for offshore conditions regardless of the wind direction. Plus the 800m shoreline allows for maximum retail, commercial and residential property development potential.

Background & History

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Investment Highlights

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Market Opportunity

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Competitive Advantage

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