Antarctica Advisors’ Birgir Brynjolfsson said U.S. seafood companies should invest in overseas raw‑material resources rather than relying solely on domestic consolidation, citing Aqua Star’s investment in Indian processor Sagar Grandhi and noting that low interest rates and tax cuts make this an opportune time for M&A
Nine big seafood M&A moves to watch for in 2019 
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.