Fortune International Acquires Simply Fresh

Océano Seafood Acquires Sea Fresh USA

September 27, 2023

Food & Beverage

Peru-based Océano Seafood has acquired Sea Fresh USA, a Rhode Island-based seafood processor, marking Océano's first U.S. acquisition. The deal gives Océano direct access to Sea Fresh's BRC-certified processing facility, fishing vessels and U.S. sourcing capabilities and supports the company's planned expansion across North America.

Fortune International Acquires Boston Sword & Tuna

June 13, 2023

Food & Beverage

Bensenville, Illinois-based Fortune International has completed its acquisition of Boston Sword & Tuna, a Boston-based seafood distributor and processor. Boston Sword & Tuna will continue to operate under its existing leadership and brand, expanding Fortune's presence in the Northeast and enhancing its processing and distribution capabilities.

Sole Source Capital Acquires Lee Fish USA

March 6, 2023

Food & Beverage

Sole Source Capital LLC, an industrial-focused private equity firm, has acquired Lee Fish USA, a premium importer and value-added distributor of fresh and frozen seafood based in El Segundo, California. The deal is Sole Source's 40th investment since 2016 and furthers its build-and-buy strategy in the foodservice distribution sector; terms were not disclosed.

Fortune International Acquires New Orleans Fish House

July 18, 2022

Food & Beverage

Fortune International, LLC acquired New Orleans Fish House, LLC, a leading wholesale seafood supplier to restaurants and hotels across New Orleans and the Gulf Coast. The deal will expand Fortune's Gulf Coast footprint, enable cross-selling of products, and improve logistics and route efficiencies; the sellers Bill Borges, Brett Borges and Cliff Hall will remain with the business.

Fortune International Acquires North Bay Seafood Inc.

June 1, 2022

Food & Beverage

Fortune International, LLC has acquired North Bay Seafood Inc., a D'Iberville, Mississippi-based distributor and processor of fresh oysters and frozen seafood products. Terms were not disclosed; the deal expands Fortune's Gulf States distribution footprint (Mississippi, parts of Arkansas and Alabama) and retains Danny Dreiling as Director of New Business Development.

Investcorp Recapitalizes Fortune Fish & Gourmet

February 12, 2020

Food & Beverage

Investcorp completed a recapitalization of Fortune International, LLC (doing business as Fortune Fish & Gourmet), a super-regional distributor of seafood and specialty food products, with founder Sean O'Scannlain remaining CEO and retaining a significant ownership stake. The capital structure was set to support a deliberate acquisition strategy to accelerate geographic expansion and scale the company's specialty foodservice distribution platform.