Miami. July 20, 2017 – Antarctica Advisors LLC, the leading Seafood Industry-focused M&A advisory firm, was named as the “Most Prolific M&A Advisory Firm Focused on The Seafood Sector” by the reputable industry publication, Undercurrent News, in their recent “Seafood’s Top Dealmakers” report. Antarctica Advisors is an independent investment banking firm providing corporate clients in […]
Miami. May 4, 2017 – Antarctica Advisors LLC, the leading Seafood Industry-focused M&A advisory firm, acted as the exclusive investment banking advisor to Ocean Choice International L.P. (“OCI”) in arranging and closing supplemental acquisition financing for the purchase of a minority equity stake indirectly owned by Iceland’s Visir hf. Following this transaction, OCI will be […]
Ignacio Kleiman told Undercurrent that the U.S. Federal Reserve’s interest rate hikes—which follow a period of cheap credit—will likely spur seafood M&A as higher borrowing costs erode margins and push both buyers and sellers toward consolidation
Analysts said consolidation among Chilean salmon farmers’ sales joint ventures is a first step toward eventual mergers; Ignacio Kleiman called sales tie‑ups a temporary measure and expects full mergers once asset values recover, while others noted high prices and regulatory uncertainties make large‑scale M&A unlikely in the near term
Miami. December 14, 2016 – Antarctica Advisors International Corp, the leading Seafood Industry-focused investment banking firm, acted as M&A advisor to Cooke in the acquisition of 100% of the fishing business of Fripur S.A. in Uruguay and Grinfin S.A. in Argentina. Canada’s Cooke, one of the largest seafood companies in North America, on Wednesday completed […]
Analysts said consolidation among Chilean salmon farmers’ sales joint ventures is a first step toward eventual mergers; Ignacio Kleiman called sales tie‑ups a temporary measure and expects full mergers once asset values recover, while others noted high prices and regulatory uncertainties make large‑scale M&A unlikely in the near term
Miami. November 18, 2016 – Antarctica Advisors LLC, the leading Seafood Industry-focused advisory firm, acted as the investment banking advisor to Ocean Choice International L.P. (“OCI”) in the CAD 240 million refinancing of its credit facilities with a syndicate of Canadian and U.S. lenders. St. John’s, Newfoundland-based OCI is a leading vertically integrated seafood company […]
Miami. September 6, 2016 – Antarctica Advisors LLC, the leading Seafood Industry-focused investment banking firm, acted as the M&A advisor to Sea Watch International Ltd. in the acquisition of Looks Gourmet Foods Holding Company Inc. (d.b.a. Bar Harbor Foods). Maryland-based Sea Watch International, the largest integrated producer of clam products in the U.S., on Friday completed […]
Miami – March 04, 2016 – Antarctica Advisors International Corp, a leading US-based Food Industry-focused independent investment banking firm, announced today the opening of its new office in Santiago, Chile. The office in Chile will support Antarctica’s growth in South America and allow the firm to better service its corporate clients in the region, offering […]
A judge approved Cooke Seafood USA’s bid to purchase bankrupt Uruguayan processor Fripur, beating a workers’ cooperative; Fripur’s assets include a processing plant and a fleet of 21 vessels, and the acquisition will complement Cooke’s growth strategy even though legal work remains before the transfer is complete
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.