After Contessa Premium Foods, a 30‑year‑old shrimp company with about US$100 million in sales, shuttered operations, its trustee received 40 inquiries within 36 hours as industry players and private‑equity funds sought to buy its brand, plant and client list—including a LEED‑certified facility valued at US$35 million—with advisors stressing that a quick sale is needed to maintain customer relationships
SENA15: ‘On the Money’ panel to delve into seafood industry investing 
Transaction SummaryAntarctica Advisors, the leading Seafood Industry-focused investment banking firm, acted as the exclusive financial advisor to Clear Springs Foods, Inc. in its 100% sale to Riverence Holding LLC. The combined group is the largest producer of trout in the U.S., becoming one of the largest aquaculture companies in the country.
Antarctica’s specialized Seafood Team worked with the Board and Management in finding the best strategy for the Company, advised in the Company’s refinancing prior to the sale, and led a closed competitive sales process geared towards maximizing value for the Company’s employee-owners.