Situation
Jubilee Fisheries, Inc. and Zenith Fisheries, L.P. (collectively, “Jubilee”) operate two vessels engaged in the Alaska Pacific cod fisheries. The owners of Jubilee desired to sell the vessels and the associated fishing rights in order to gain liquidity.
ZS Role
Zachary Scott was engaged as the exclusive financial advisor to represent the owners in the sale of Jubilee’s vessels and fishing rights.
Results
Zachary Scott organized a sales process that attracted bids from industry participants and was able to craft an agreement that allowed the owners to be rewarded for Jubilee’s strategic position.