Champlain Financial acquires Chéticamp Fisheries International

Champlain Financial Corporation has acquired Chéticamp Fisheries International Inc., a Cheticamp, Nova Scotia based branded seafood processor and wholesale distributor, supplying the finest quality snow crab and lobster to customers in the United States, Canada, and Asia. Financial terms were not disclosed.

Ascendiant Capital Markets, LLC acted as the exclusive financial advisor to Cheticamp in this transaction. Aird & Berlis LLP served as legal advisor to Chéticamp.

Montreal based Champlain Financial Corporation is a private equity firm focusing on Canadian small and mid-market investment opportunities. Champlain Financial has built a diverse portfolio of companies (several of which have already resulted in successful exits), and is constantly adding to its stable of companies and pipeline of prospects.

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photo credit: Chéticamp Fisheries