Frontier Packaging, LLC (“Frontier” or the “Company”) is the leading supplier of packaging materials and related logistics to the Alaskan seafood industry. The Company dominates the Alaska seafood packaging market by consolidating thousands of packaging products from a wide range of vendors and coordinating the logistics of infrequent freight schedules for precise delivery to remote locations. The Company’s majority owner, Northwest Capital Appreciation, Inc. (“NCA”), desired to monetize its successful investment.

ZS Role

NCA engaged Zachary Scott as the exclusive financial advisor to represent the owners in a sale of 100% of the assets of Frontier.


After a thorough process to create a competitive market, Frontier was sold to The Gladstone Companies, a private equity firm based out of Washington, D.C. with more than $1 billion of capital invested throughout the United States. Gladstone teamed with the Frontier management team in a transaction that provided managers with an opportunity to own a significant portion of the Company.