Champlain Financial acquires seafood company Cheticamp

Canadian private equity firm Champlain Financial Corp has acquired Cheticamp Fisheries International Ltd, a branded seafood processor and wholesale distributor based in Cheticamp, Nova Scotia. No financial terms were released for the deal, which was announced by Ascendiant Capital Markets LLC, the company's financial advisor. Led by President Pierre LeBlanc, Cheticamp supplies snow crab and lobster to customers in the United States, Canada, and Asia. Montréal-based Champlain is focused on small and mid-market investment opportunities.

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