Tag Archives: private investment firm

Fleet of 5 Maine scallop and fishing trawlers sold to New York-based equity firm

A New York-based private equity firm will purchase a Portland scallop and groundfish supply company that manages five of the largest fishing vessels operating in Maine. Blue Harvest Fisheries, a U.S. scallop and whitefish supplier owned by equity firm Bregal Partners, will purchase Atlantic Trawlers Fishing, Undercurrent News reported. Bregal Partners is a private investment firm with $600 million of committed capital funded by a six-generation German-Dutch family. Its board of directors includes the CEO of Bumble Bee Foods, and the chief investment and strategy officer of the Central Bering Sea Fisherman’s Association, who is also on the board of American Seafoods. Atlantic Trawlers Fishing, owned by James Odlin, operates from the Portland Fish Pier and includes the fishing vessels Nobska, Morue, Harmony, Teresa Marie III and Teresa Marie IV. >click to read>16:57