Announced
Financials
Tags
Private Equity
Majority
Pending
Friendly
Food Products
Cross Border
Private
lobster processor
Acquisition
Canada
Single Bidder
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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