Dawsco Meat & Seafood with Lee Fish USA

Coldstream Capital Partners Advises Dawsco Meat & Seafood on its sale to Lee Fish USA, a portfolio company of Sole Source Capital

Coldstream Capital Partners is pleased to announce that Dawsco Meat & Seafood, a Seattle-based wholesale distributor of pork, beef, poultry, and seafood, has been acquired by Sole Source Capital portfolio company Lee Fish, a distributor of fresh fish and seafood products.

Founded by the Dawson family and headquartered in Seattle’s SoDo neighborhood, Dawsco has built a loyal customer base across Washington State, with delivery reaching from Oregon to Canada. The company is known for its butcher-block-ready cuts, weekend will-call service, and longstanding relationships with regional foodservice customers.

The acquisition extends Lee Fish’s distribution footprint into the Pacific Northwest and broadens its category offering beyond seafood into multi-protein distribution, combining Dawsco’s meat and poultry expertise with Lee Fish’s sourcing network of more than 220 seafood species from suppliers around the world.

“My family built Dawsco on relationships and always doing the right thing, with our customers, our suppliers, and our people. Evan and the Coldstream team understood that from the start, and they made sure whoever we partnered with would protect that. Lee Fish gets it, and I’m excited for what’s next.” said Ken Dawson, President and Co-Founder of Dawsco Meat & Seafood

“Dawsco is exactly the kind of business we love representing, a founder-built company with real trust in the marketplace. We ran a competitive process to give Ken’s family every option, but what mattered most was finding a partner who fit everything they were looking for, and Lee Fish’s sourcing network and strategic fit made this the right outcome for everyone involved.” said Evan Fisher, Managing Director at Coldstream Capital Partners

The combined company plans to invest in expanded product offerings and logistics capabilities, giving Dawsco’s customers access to Lee Fish’s broader seafood sourcing network while preserving the local, relationship-driven approach that has defined Dawsco’s business

ABOUT THE SELLER:

Dawsco Meat & Seafood is a wholesale distributor of pork, beef, poultry, and seafood based in Seattle, Washington, serving customers from Oregon to Canada. For more information, visit www.dawscomeats.com.

ABOUT THE BUYER:

Founded in 2001, Lee Fish USA is a premium importer and value-added distributor of fresh and frozen seafood, sourcing more than 220 species from a global supplier network, including semi-exclusive arrangements in New Zealand, Australia, and Japan. Lee Fish operates from a facility near Los Angeles International Airport, enabling best-in-class turnaround from ocean to table.

ABOUT COLDSTREAM CAPITAL PARTNERS:

Coldstream Capital Partners is a strategic advisory and investment banking firm headquartered in Seattle, WA. Over the last 30 years we have helped thousands of shareholders identify, build, and implement their ideal transition.

Coldstream Securities, Inc., a registered broker-dealer, and member of FINRA and SIPC, is an affiliate of Coldstream Capital Partners. All securities transactions are conducted through Coldstream Securities, Inc.

CONTACT:

Contact us at info@coldstreamcapitalpartners.com to learn more about how Coldstream Capital Partners can help you and your business.

RECENT TRANSACTIONS

This sale represents another completed transaction for Coldstream Capital Partners’ Investment Banking & Strategic Advisory team. Recent transactions include:

See all transactions here.