Seacoast Capital is pleased to announce the completion of a subordinated debt financing for Legal Sea Foods, LLC, of Boston, Massachusetts. The investment was Seacoast’s fourth non-control platform investment of 2017.

Legal Sea Foods (www.legalseafoods.com), is the leading branded seafood company, operating restaurants along the east coast of the U.S., serving 7 million customers annually in 35 restaurants under several concepts, including Legal Sea Foods, Legal Test Kitchen, Legal C Bar, Legal Harborside and Legal Fish Bowl. The Legal Sea Foods brand, embodying a passionate commitment to quality and freshness, also encompasses an e-commerce site as well as a burgeoning retail products division.

Dunn Rush & Co. LLC acted as financial advisor to Legal Sea Foods and introduced the investment opportunity to Seacoast Capital.

About Seacoast Capital

Seacoast Capital (www.seacoastcapital.com) invests non-controlling growth capital in partnership with management in lower middle market companies. Seacoast is industry agnostic and typically invests $5 million to $30 million of capital to support growth, refinancings, acquisitions, shareholder liquidity events, family wealth/ownership transfers, and partnership or management buyouts. Geographically, Seacoast invests anywhere in the United States. Now managing its fourth fund, Seacoast has managed over $600 million of capital, which the firm has invested in 69 non-controlling transactions.