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ACON Investments acquires Raymond O'Neill & Son Fisheries and Suncoast Seafood

Date Closed

October 14, 2021

Lead Office


On October 14, 2021, ACON Investments, LLC (ACON) completed its acquisition of Raymond O'Neill & Son Fisheries Ltd. and Suncoast Seafood Inc.

ACON is a private equity firm headquartered in Washington, DC, which has invested in a diverse set of businesses in North America, Europe and Latin America with operations spanning across five continents. 

GT Securities, Inc., based in Los Angeles, California, is a full service investment banking firm that raises equity (primary and secondary) and debt (secured and unsecured), and executes upon acquisition, divestiture, and merger transactions for companies of all types and sizes.

Suncoast Seafood Inc. is a lobster processor located in Grand-Digue, New Brunswick, Canada.

Raymond O'Neill & Son Fisheries Ltd is a lobster processor based in Escuminac, New Brunswick, Canada. ROSF has been family-owned and operated since 1983.

McCarthy Tétrault advised ACON with a team led by Shevaun McGrath and Andrew Parker that included Matt Vaughan, Caitlin Choi, Vivian Sy, Ian Mak, Zachary Masoud (Business), Ben T. Aberant, Jessica Wuergler (Labour and Employment), Greg Winfield, Tracy Solhi (Pensions), Martha Harrison, Ashley Taborda (Trade Regulation), Raj Juneja, Emily Leduc Gagne (Tax), Joanna Rosengarten (Environment), Sarit Pandya (Real Property and Planning), and Vincent Yip (Technology).