1、Seafood Industry Update and Expo Takeaways April 2023MEMBER FINRA/SIPC1000 SECOND AVENUESUITE 1200SEATTLE,WA 98104Cascadia Capital Seafood Practice Overview1Practice OverviewCascadia Capital maintains a leading middle market food,beverage andagribusiness practice,within which it is active in coverin

2、g the full seafood valuechain from harvesters and aquaculture,through processing,distribution,andbranded products.Our advisory practice is grounded in its deep familiarity withunique industry dynamics,understanding of value driving and constraining factorswithin business models,and active relationsh

3、ips across the industry ecosystem,allhoned over historical and current transaction experience.Principal Sub-Sector FocusCascadias Seafood coverage spans the entire value chain ecosystem,including:Wild Harvest Aquaculture and Related Inputs Primary ProcessingRyder ThomasVice PresidentFood,Beverage an

4、d A(206)436-2582Erik EinwalterManaging DirectorFood,Beverage and A(206)436-2538 Value-Added/Secondary Processing Import and Distribution Branded ProductsSeafood Industry Update and Expo TakeawaysSection I2Executive Summary Seafood Industry Update32023 has already started off as a dynamic year for th

5、e Seafood vertical,and we expect it to be just as active through the balance of the year.Thisupdate focuses on what we believe to be the key themes and dynamics that should be at the top of business owners and investors minds,whether considering a liquidity event,an investment or acquisition,or just

6、 focusing on organic growth executionKey themes driving accelerated activity in the YTD period include consolidation within fragmented spaces,vertical integration(upstream or downstream),and growing financial investor interest in the categoryThere remains a lot of opportunity for strategic consolida