American Seafoods Announces Effort to Sell Itself to New Investors, Replace Bregal Partners
American Seafoods sent out a statement Friday saying the company is hiring investment bankers to seek out investors who would purchase Bregal Partner’s majority stake in the company. Bregal, a Private Equity Firm is the main shareholder in American Seafoods.
The company said “Bregal is entering the market looking for new investors, starting now.” They said “Bregal would like to monetize their investment, on schedule, after about five years.”
Unlike the Pane and Partners private equity sale of Icicle Seafoods to...
To Read Full Story Login Below.