[1][2][3] The company was founded in 1973 by boat designer Nick Hake, a graduate of the Milwaukee School of Engineering.

[1][2][4] After starting building sailing dinghies, the first keelboat design produced was the Seaward 23 in 1984.

The new owners quickly ran into issues maintaining product quality and the boats suffered from poor construction.

[4] In 2016, under the name Hake Marine, the company bought Island Packet Yachts and Blue Jacket Yachts and began combining operations at the Island Packet facility in Largo, Florida.

Nick Hake went on to found a new company, NH Designs, which specializes in powerboat and sailboat brokerage, transport, repair and consultation.