Situation
Jubilee Fisheries, Inc. (“Jubilee”) operates a single vessel engaged in the Alaska Amendment 80, or “H&G” fishery. To complete the owners’ plan to exit the industry and gain liquidity, Jubilee desired to sell its vessel and associated rights.
ZS Role
Zachary Scott was engaged as the exclusive financial advisor to represent the owners in the sale of Jubilee’s vessel and fishing rights.
Results
Zachary Scott organized a sales process that attracted bids from industry participants and accomplished an attractive transaction that provided a smooth transition for employees and crew.