M&A Deal Summary

Santa Monica Seafood Acquires Prospect Enterprises - Seafood Division Assets

On April 23, 2015, Santa Monica Seafood acquired food company Prospect Enterprises - Seafood Division Assets from Prospect Enterprises

Acquisition Highlights
  • This is Santa Monica Seafood’s 1st transaction in the Food sector.
  • This is Santa Monica Seafood’s 1st transaction in the United States.
  • This is Santa Monica Seafood’s 1st transaction in California.

M&A Deal Summary

Date 2015-04-23
Target Prospect Enterprises - Seafood Division Assets
Sector Food
Buyer(s) Santa Monica Seafood
Sellers(s) Prospect Enterprises
Deal Type Divestiture

Target

Prospect Enterprises - Seafood Division Assets

Los Angeles, California, United States

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Buyer(S) 1

Buyer

Santa Monica Seafood

Rancho Dominguez, California, United States

Category Company
Founded 1939
Sector Food
DESCRIPTION

Santa Monica Seafood Co. is a specialty wholesale distributor of fresh and frozen seafood in the southwestern United States.


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1

Seller(S) 1

SELLER

Prospect Enterprises

Los Angeles, California, United States

Category Company
Founded 1946
Sector Food
DESCRIPTION

Prospect Enterprises, Inc. delivering the highest quality of seafood products


DEAL STATS #
Overall 1 of 1
Sector (Food) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-02-01 Chesapeake Seafood

San Diego, California, United States

Chesapeake Seafood Co. provides seafood products and a wider distribution.

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