Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
If you would like to send us an article, contact Margaret Stacey
   


Boston Sword will take its already sizable skin-pack business national and significantly grow its other lines of business.

Antarctica Advisors Acts as Investment Banking Advisor to Boston Sword & Tuna in its Sale to Fortune International

  (UNITED STATES, 6/19/2023)

Antarctica Advisors LLC, the leading Seafood Industry-focused M&A advisory firm, acted as the exclusive investment banking advisor to Boston Sword & Tuna, Inc. ("Boston Sword"), one of the largest distributors of fresh, premium-quality, wild-caught and farm raised seafood in North America, in its sale to Fortune International, LLC ("Fortune"), one of the largest seafood and specialty food distributors in the United States.

 Michael Scola.

Based in the heart of Boston's Seaport District, Boston Sword was established in 2003 by the Scola Family.  Michael Scola, CEO of Boston Sword, will continue to run the company along with Co-Owner and President Larry Dore

With the backing of Fortune International and capacity added through a recent 9,000 sq. ft. expansion of its processing plant, Boston Sword will take its already sizable skin-pack business national and significantly grow its other lines of business. 

Michael Scola, CEO of Boston Sword, commented: "Joining forces with Fortune will allow us to accelerate the company's growth while helping build one of the largest and highest quality seafood processing and distribution platforms in the county. We are thankful to have worked with the Antarctica Advisors team who played a key role in helping us navigate this complex process".  

"Their senior level M&A advice was critical to the structuring and negotiating the best possible transaction for my family and partner Larry Dore."

 Charles Arrigo.

Charles Arrigo, Director with Antarctica Advisors, commented: "The acquisition of Boston Sword by Fortune creates one of the strongest seafood distribution platforms in the U.S., particularly in fresh seafood.  We very much appreciate the opportunity to have worked with Boston Sword's talented team and look forward to watching the company's continued growth."

For Fortune, the acquisition of Boston Sword further expands its footprint in the Northeast, deepens its supplier network, and presents numerous synergies facilitating growth within Fortune's existing system.  The acquisition brings Fortune's revenue to ~$1.2 billion annually. 

Antarctica Advisors is the leading US-based, independent investment banking firm providing corporate clients in the global Seafood Industry with specialized M&A advisory, private equity and debt capital raising services. The firm's highly specialized Seafood Team is comprised of professionals with significant knowledge across the Seafood Industry, as well as a proven track record of successful transaction execution. 

Antarctica Advisors LLC is a licensed broker-dealer, member of FINRA and SIPC. 

About Antarctica Advisors LLC

Antarctica Advisors LLC is an independent strategic and financial advisory firm formed by a group of seasoned investment banking professionals with expertise in M&A advisory and private capital raising.  Antarctica’s team of experienced professionals provide corporate clients with a knowledge-based financial and strategic advise. Antarctica’s office is strategically located in Miami, Florida providing close connection to its clients in North America, South America and Europe.

Source: Antarctica Advisors

Previous News

[email protected]
www.seafood.media


Information of the company:
Address: 1200 Brickell Avenue, Suite 1950
City: Miami
State/ZIP: Florida (FL 33131)
Country: United States
Phone: +1 305 961 1638
More about:


Location:



 Print


Click to know how to advertise in FIS
MORE ARTICLES
Good Results in a Biologically Challenging Quarter for Mowi in Norway
Coles Canned Tuna Range to Get Tick of Approval from MSC
Seaweed Caviar: The “Roe” of the Future
A Gourmet Line of Peruvian Seafood Like no Other
Shinkei Announces USD 6 Million in Seed Funding for Sustainable Robotic Fish Harvesting
BEWI Introduces New EPS Grades and Fish Boxes with 60% Lower CO2 Footprint
Enabling the Blue Food Revolution
American Seafoods Releases Annual Sustainability Report
Natural Shrimp, Inc. Completes Successful Trial in Japan
Seafood Expo Global/Seafood Processing Global will break records in April with its largest edition
J-HOTATE Association Will be Exhibiting at Seafood Expo Global Presenting Premium and Fresh Japanese Scallops
BioVaxys and Spayvac-for-Wildlife Launch Field Trial for Immunocontraception in the Commercial Aquaculture Industry
BLUU Seafood Opens New Headquarters in Hamburg with Europe's First Pilot Plant for Cultivated Fish
Holland America Line Becomes First Global Cruise Line to Receive International Seafood Certifications
Trout Fed with Algae and Insects
Bumble Bee Seafoods Announces New CEO
Wild Tide Seafoods Delivers from the Harbor to Your Home
Blue Star Foods Starts its Soft-Shell Crab Season
New, Innovative Heat-and-Eat Offerings from Aquamar
Latest Tech Installed at Mowi’s Scottish Salmon Processing Plant
More Articles...

Lenguaje
FEATURED EVENTS
  
TOP STORIES
Pacífic Northeast squid price index: Japanese Common Squid (Todarodes pacificus)
China In order to continuously enhance the ability to control squid resources and price influence, and conduct more accurate resource assessment and forecasting, the China Ocean Fisheries Association&n...
The President Vladimir Putin Sets National Goals and Tasks for the Fisheries Industry
Russia Fed. Russian President Vladimir Putin signed the Decree “On the national development goals of the Russian Federation for the period until 2030 and for the future until 2036.” Continuing the tr...
Thai Union records 1Q24 net profit of USD 32.49 M
Thailand Net profit increased 53.9 percent from 1Q23 adjusted net profit to THB 1.2 billion (USD 32.49 M) due to a healthier operating profit Gross profit margin improved to 17.3 percent, with stron...
Anfaco integrates its 6 fishmeal and fish oil companies into the EFFOP
Spain EFFOP is the most important European Association of Fish Oil and Meal Manufacturers, whose mission is to defend interests in legislative matters, promote good practices and establish collaborations wi...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER