- World of Dolphins Inc., an indirect subsidiary of Leisure Investments Holdings LLC, is exploring a sale of its 79.99% stake in Dolphin Cove Limited (JSE:DCOVE), the Jamaica Stock Exchange-listed marine attractions company.
- Interested parties are invited to contact Greenhill & Co., LLC, the company’s investment banker, for further information.
- On March 31, 2025, Leisure Investments Holdings LLC, the ultimate parent of World of Dolphins Inc., and certain of its affiliates filed for Chapter 11 bankruptcy protection in Delaware.
- World of Dolphins and Dolphin Cove Limited have not filed chapter 11 cases and are not parties to any formal restructuring or insolvency proceeding.
KINGSTON, Jamaica, Sept. 16, 2025 /PRNewswire/ — World of Dolphins Inc., an indirect subsidiary of Leisure Investments Holdings LLC, announced today that it is exploring a sale of its 79.99% stake in Dolphin Cove Limited.
Dolphin Cove Limited is a renowned Jamaican marine attractions company operating four premier locations on the island’s north coast (Ocho Rios, Moon Palace, Jamaica Grande, and Lucea) offering immersive dolphin and marine wildlife experiences and Yaaman Adventure Park (Ocho Rios) offering an adventure park complete with four-wheel drive vehicles, ziplines, waterfalls and other outdoor adventures. The company is publicly traded on the Jamaica Stock Exchange under the ticker DCOVE. Established in 1998, Dolphin Cove has grown into a leader in experiential tourism—offering dolphin programs, diverse animal encounters, restaurants, and retail services. Today, the company is majority-owned (79.99%) by World of Dolphins Inc., while founder Stafford Burrowes retains a minority stake (approximately 9.8%) and continues to serve as Chairman of the Board.
World of Dolphins asks that parties interested in purchasing some or all of its 79.99% stake in Dolphin Cove please reach out to Jakub.Mleczko@greenhill.com and Charles.Geizhals@greenhill.com at Greenhill & Co, who is serving as the company’s investment banker. For inquiries, Greenhill advisors will provide non-disclosure agreements and data room access, including a detailed timeline for the sale process.
On March 31, 2025, Leisure Investments Holdings LLC—the global operator of 30+ marine parks and dolphin habitats— and certain of its affiliates (collectively, the “Debtors”) voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware. World of Dolphins and Dolphin Cove Limited have not filed chapter 11 cases and are not parties to any other formal restructuring or insolvency proceeding.
ABOUT DOLPHIN COVE LIMITED (JSE:DCOVE)
Dolphin Cove Limited (DCOVE) is a subsidiary of World of Dolphins, which is a subsidiary of Leisure Investments Holdings LLC. DCOVE operates tourist attractions in Jamaica. The company offers dolphin programs, and an adventure park offering four-wheel off-road vehicles, ziplines, waterfalls and other outdoor adventures, as well as other ancillary operations, such as restaurants, gift stores and picture/video shops. Dolphin Cove Limited was incorporated in 1998 and is based in Ocho Rios, Jamaica.
Additional information, including court filings and claims details, is available at veritaglobal.net/dolphinco or by calling 888-733-1434 (U.S./Canada) or 310-751-2633 (International).
View original content:https://www.prnewswire.com/news-releases/world-of-dolphins-announces-it-is-exploring-the-sale-of-its-majority-stake-in-jse-listed-dolphin-cove-ltd-302558539.html
SOURCE Leisure Investments Holdings LLC, et al. (The Dolphin Company)
