South Africa’s Oceana Group announced a US$382.3 million cash‑and‑debt deal to acquire U.S. menhaden harvester Daybrook Fisheries—which sold 76,862 t of fishmeal and fish oil in 2014—in a transaction that diversifies Oceana’s species mix and includes restructuring to satisfy U.S. ownership rules
Antarctica Advisors LLC Acts as U.S. Investment Banking Advisor to Oceana Group... 
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.