Situation
The owner of Lafayette Seafoods, primarily an offshore wild salmon processor in Alaska, perceived the need to diversify fisheries and species, as well as bring on an energetic young management team.
ZS Role
Zachary Scott was engaged by Lafayette Seafoods to negotiate a merger of the business with a southeast Alaska shore-based processor, Silver Lining Seafoods.
Result
Zachary Scott negotiated a merger of the two companies and their ownership groups, arranged financing for the merged entity, and negotiated governance and succession agreements for the parties. The merged entity was named NorQuest Seafoods.