HALIFAX, March 26, 2012 /CNW/ - SeaFort Capital Inc. ("SeaFort" or the
"Company") announced today it has been established as a new investment
company based in Atlantic Canada. SeaFort will seek to make
controlling investments in Canadian businesses built from a solid base
of tangible assets, initially with earnings in the $2 million to $10
SeaFort was formed by a small group of private investors that includes
leaders from two of Canada's most respected business families. Serving
on the Board of Directors will be: Hon. Scott Brison, M.P. (Chairman),
Scott McCain, Michael Milligan, Rob Normandeau, Donald Sobey and Rob
Rob Normandeau, President of SeaFort, commented "I am very excited to
have the opportunity to lead a business formed in partnership with
pre-eminent Canadian investors and business operators. My next step is
to build a top tier investment team that will uncover opportunities in
our targeted space, make intelligent investments and work with proven
managers to deliver solid returns."
Scott Brison, Chairman of the Company, remarked "Brain drain has been a
real economic challenge for our region. I'm proud that SeaFort has
helped keep a financial mind and business builder of Rob's calibre here
in Atlantic Canada. As SeaFort grows, it will become a magnet for
world class talent. That's good for business and great for Atlantic
Donald Sobey indicated "I'm pleased to be part of this new firm based in
Halifax. Nova Scotia has been home to many successful entrepreneurs and
companies. I am confident that SeaFort under the management of Rob
Normandeau and his team will be in this class."
Rob Sobey stated "I see SeaFort as a multi-generational opportunity to
build great companies and invest in strong entrepreneurs here and
Scott McCain added "Business in Atlantic Canada has always been based on
strong relationships and fair dealing. These Maritime values will be an
advantage to SeaFort and its portfolio companies throughout Canada.
Rob is a hardworking, proven leader who is capable of establishing a
culture that will drive SeaFort to long term success."
Halifax based SeaFort Capital makes controlling investments in small and
medium sized Canadian businesses and partners with experienced managers
to build value.
SOURCE SeaFort Capital Inc.
For further information:
SeaFort Capital Inc.
Phone: (902) 402-5997