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Announced

ACON Investments to acquire Suncoast Seafood and Raymond O’Neill & Son Fisheries from GT Securities.

Synopsis

ACON Investments, a private equity firm, agreed to acquire Suncoast Seafood and Raymond O’Neill & Son Fisheries, two lobster processors, from GT Securities, a full service investment banking platform. Financial terms were not disclosed. “We have a deep appreciation and respect for the leaders of this platform. They have trusted us with their partnership and we look forward to supporting their continued growth, both organically and through a focus on further add-on acquisitions, as leading providers of sustainably sourced premium seafood,” Suma Kulkarni, ACON Partner.

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