Castle Cheese (West) Inc. partners with Headwater Equity Partners
Deal AnnouncementA Canadian cheese manufacturing business wanted to grow but needed help finding the right partner. See how our team supported them through the process.
Membertou partners with Premium Brands to acquire Clearwater
About the client
This transaction represents the single largest investment in the seafood industry by an Indigenous group in Canada.
Membertou First Nation, in partnership with six other Atlantic Canadian Mi’kmaq First Nations, had the opportunity to partner with Premium Brands—a North American specialty food manufacturer and distributor— to acquire 50% of Clearwater, a Halifax-based global wild-caught seafood company.
By taking the time to understand our client’s history, perspectives, values, and needs – we were able to advise our longstanding client on this historic acquisition, matters related to debt sourcing, and relationships with other stakeholders.
This strategic investment represents a transformational change in the Canadian seafood industry. Membertou – and the 6 other Indigenous communities in their consortium — are now in a global leadership position in the seafood industry with the largest holdings of shellfish licenses and quotas in Canadian fisheries.
Deal summary
Client
Membertou
Transaction type
Acquisition
Services provided
M&A
Sector
Food and Beverage
Close date
January 2021
The client experience
“I would like to acknowledge that we worked closely with the Breton Law Group and Grant Thornton to complete this complex and intricate deal. The work of these local firms was second to none, and to them we are grateful.”
“Good business requires good relationships.”
Terry Paul, O.C
Chief & CEO, Membertou
Latest Deal announcements
Pukeashun Wilderness Inc. (Grizzly Lodge) acquired
Deal AnnouncementOur M&A team helped the owners of Grizzly Lodge successfully sell their business, supporting with the entire process from preparing marketing documents and finding the right buyer, to negotiations and bringing the deal to a close.
Kitchener-Wilmot Hydro and Waterloo North Hydro merge to form Enova Power
Deal announcementMany Canadian energy providers are exploring merging their businesses to become stronger and offer customers more competitive services. Before undertaking a merger, there are major financial and societal impacts to consider.