Antarctica Advisors Acts as Exclusive Investment Banking Advisor to Ocean Choice International L.P. in Arranging Acquisition Financing for the Purchase of Equity from Minority Shareholders

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 100% owned by Martin and Blaine Sullivan, the founders and operating principals of OCI.

Newfoundland-based OCI is a leading vertically integrated seafood company engaged in harvesting, processing and marketing of a diverse range of Groundfish and Shellfish species for domestic and international markets. OCI operates six frozen-at-sea fishing vessels and five processing plants employing over 1,700 people in Atlantic Canada and at sales offices around the world.

Martin Sullivan, the CEO of OCI, commented: “This transaction illustrates our long-term commitment to all of OCI’s stakeholders, including our customers, our employees and the communities in which we operate. The Seafood Team at Antarctica Advisors provided OCI with valuable advice and hands-on support in arranging and closing the long-term financing that allowed OCI to provide an exit for its minority shareholders and consolidate the ownership of OCI.”

Antarctica Advisors is an independent investment banking firm providing its corporate clients in the Seafood Industry with a wide range of specialized services, including M&A and Capital Raise advisory. Antarctica’s Seafood Team is uniquely positioned to assist clients globally with combination of industry knowledge, financing expertise and track record of success in debt arranging and structuring with a deep reach into the North American financing community.

Ignacio Kleiman, Managing Partner of Antarctica Advisors, commented: “Our specialized Seafood Team leveraged its existing knowledge of OCI and well-established relationships in the North American credit markets to arrange and negotiate a financing structure for OCI to effect this strategically important transaction for OCI.”

For further information on this transaction contact:
Birgir Brynjolfsson, Antarctica Advisors LLC, + Tel. +1-305-961-1638, BB@AntarcticaLLC.com

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 equity and debt capital raising. Antarctica’s headquarters are strategically located in Miami, FL providing close connection to its corporate clients in the Americas, Europe and Asia.

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

For further information on Antarctica Advisors LLC please go to www.AntarcticaLLC.com