Riverence Holdings, a sustainable trout producer backed by TV producer David E. Kelley, acquired larger rival Clear Springs Foods to create the largest US trout farmer with 14 farms, 15,000‑metric‑ton capacity, processing facilities, brood stations and a feed mill, while Clear Springs’ employee‑owners benefit from the sale
Antarctica Advisors Acts as Exclusive Investment Banking Advisor to Clear Springs... 
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.