American Seafoods Corp.

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American Seafoods Corp. - overview

Established

2000

Location

Seattle, WA, US

Primary Industry

Agribusiness

About

American Seafoods Corp. is a seafood processing and distribution company specializing in high-quality, wild-caught seafood, with a focus on sustainability and nutritional excellence. Founded in 2000, American Seafoods Corp. is based in Seattle, US, and primarily focuses on the processing of wild-caught seafood.


The company has undergone strategic changes to enhance its operational focus on sustainability. Yassan Valdez established the company, which has completed 9 deals, with the most recent funding round in 2017 being a Sale to Management for USD 81. 75 mn, raising a total of USD 81. 75 mn.


American Seafoods specializes in the processing and distribution of high-quality, wild-caught seafood, focusing on Wild Alaska Pollock and Wild Pacific Hake. These nutritious fish are frozen at sea to maintain freshness and taste. The company caters to a wide client base, including food manufacturers and retailers, who use these fish in products ranging from frozen meals to ready-to-eat seafood dishes, distributing to markets across the United States, Europe, and Asia. In the most recent year, American Seafoods reported revenue of USD 337,000,000, primarily through B2B transactions with food manufacturers and retailers purchasing seafood products in bulk.


The company engages in direct sales partnerships, with clients often entering long-term supply agreements to secure these essential protein sources. American Seafoods plans to expand its product offerings and target new geographic markets for growth. Specific details regarding new product launches and their release dates are not provided, but the company aims to capitalize on recent funding to enhance its operational capabilities. The most recent deal on August 1, 2017, will likely support these initiatives as the company continues to explore opportunities for expansion.


Current Investors

Bregal Investments, Pacific Seafood Group

Primary Industry

Agribusiness

Sub Industries

Fishing & Seafood

Website

www.americanseafoods.com

Total Amount Raised

Subscriber access only

American Seafoods Corp. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Private DebtCompletedAmerican Seafoods Corp.-
RecapitalisationCompletedAmerican Seafoods Corp.-
Add-on, Trade SaleCompletedGood Harbor Fillet LLC-
Unspecified ExitCompletedAmerican Seafoods Corp.-
RecapitalisationCompletedAmerican Seafoods Corp.-

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