Undercurrent News highlighted key M&A narratives likely to shape 2025, including potential sales of American Seafoods Group, Avramar and Milarex, ACON’s acquisition of Atlantic Capes, Captain Fresh’s purchases of CenSea and Koral, and ongoing consolidation among Alaska processors such as Silver Bay, Trident and Pacific Seafood
US investor Acon finally closes Atlantic Capes buyout to create $500m shellfish... 
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.