The early months following the buy-out were brutal. Not only did the business run out of cash – it owed significant sums. Cheques were written but left unsigned. Invoices were filed instead of being paid. For an entire year, virtually no meaningful business was done.
“I would wake up every morning thinking, ‘You read about people like me in the newspaper,’” Beckett recalled. “Every time the phone rang, you feared it would be the final call.”
Then, almost without warning, the tide turned.
Like standing at a London bus stop for hours waiting for the Number 14, suddenly three deals arrived at once,” he said. “And just like that, we were up and running again.”
It was a turning point born not of comfort, but of sheer resilience – one that fundamentally shaped the Burgess culture that followed.
This was also the time Australia formally entered the Burgess story. In 1993, the company secured its first Australian clients, Reg and Joy Grundy, legendary TV pioneers, with the sale of Reverie Rose, a 105-foot Benetti, followed by the 145-foot Idolwood and later the iconic 70-metre Amels Boadicea. That first visit marked the beginning of Beckett’s long-standing personal connection to Australia.
By the early 2000s, Australia was contributing around 10 percent of Burgess’ global business. Beckett began visiting two to three times a year, and Australian owners became central players in some of the most significant global yacht builds of the era.
Few companies in the history of yachting can claim the technical legacy of Burgess. From the sale of the revolutionary Maltese Falcon to the delivery of some of the largest yachts ever built, Burgess Technical Services has shaped projects that redefined the boundaries of design and engineering.
The defining moment came in 2013 with the delivery of the 180.6-metre Azzam – still the world’s largest motor yacht by length – with Burgess acting as technical consultant and project manager from a blank page to completion.
“Azzam is not just a Burgess landmark,” Beckett said. “She is a landmark for the entire industry.”
Soon, even that record may fall to the 194.9-metre REV Ocean, another Burgess project destined to reshape expectations of scale, sustainability and scientific capability.
Despite its vast international footprint, Burgess remains deeply personal at its core. During his Sydney speech, Beckett revealed that 24 staff across the company are direct family relations – siblings, parents and children working side-by-side. His own son, Ed Beckett, joined the company in 2013.
Longevity defines the Burgess workforce. More than 20 team members have served for over 20 years; six have exceeded 30 years; and many more have reached the decade mark. In an industry often defined by movement, Burgess is defined by loyalty.
In 2020, Burgess launched its Blue Oceans initiative in partnership with the Blue Marine Foundation, formalising the company’s commitment to ocean conservation. All funds raised go directly to marine protection projects in key yachting destinations. Today, Burgess Blue Oceans is one of the most influential sustainability programmes in global yachting.
In its 50th anniversary year, Burgess is not slowing – it is accelerating. A new flagship office has opened in Palm Beach, Florida, and a significant strategic chapter has begun through outside investment from Ancient Capital.
The partnership has been carefully structured to support Burgess’ next phase of global growth while preserving leadership continuity, brand independence and long-term vision.
“For me personally, I remain a shareholder in Burgess, and I will stay as CEO. I have absolutely no interest in retiring,” Beckett said.
“We have done well so far, but what I really feel is that we have only just arrived at the start line. From here is where we can really get going.”
He added, “This was never about selling out – it was about setting the company up properly for the next 50 years. We wanted a partner who understands long-term vision, not short-term gain, and Ancient Capital shares that outlook.”
As the evening wound down, owners, clients and long-time friends lingered over shared history, fresh ideas, and what lies ahead. The mood carried a note of nostalgia, but it was equally energised – a reflection of a company that honours its past without ever standing still.
“I love this company,” Beckett concluded. “And I love Australia. So here’s to the next 50 years of going yachting together.”