The company, located in Holland, Michigan, USA, was founded by boating industry legend, Leon Slikkers, after he had sold his powerboat company, Slickcraft. As part of the sales agreement, he was precluded from the powerboat market for a number of years. There were no restrictions on sailboat building. So he built a new plant which was, at the time, a model for production-line efficiency and strict quality control. In the late 1970s, S2 did start building powerboats again, and soon established its Tiara line. Slikkers was later able to buy back his old powerboat line, Slickercraft. Production of sailboats ended in 1989.
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