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Projects
Africa
Multi-country operations
Africa

Due Diligence for African Fish Farming Acquisition

Technical due diligence for large private equity client.

Due Diligence for African Fish Farming Acquisition

Marine Finfish
Salmonids

AquaSol was retained by a large private equity group managing several billion USD in assets to provide technical due diligence and strategic advisory support for the acquisition of a major fish farming company operating across Africa.

The engagement focused on evaluating the target company’s operational performance, biological risks, and growth potential within the African aquaculture sector, supporting investment decision-making for a high-value transaction.

Project Scope

AquaSol led the technical due diligence process and provided strategic insight across:

  • Technical due diligence of fish farming operations and infrastructure
  • Assessment of biological performance, production systems, and site conditions
  • Evaluation of operational risks, cost structures, and scalability
  • Market positioning and competitive landscape analysis
  • Identification of bolt-on acquisition opportunities to support post-transaction growth

Project Outcome

  • Delivered comprehensive aquaculture due diligence to support acquisition decision-making
  • Identified key operational, biological, and strategic risks and opportunities
  • Advised on regional growth strategy within the African aquaculture sector
  • Supported investment confidence in a major private equity transaction

The Importance of Expert Due Diligence in Fish Farming Acquisitions

Aquaculture acquisitions require specialist technical insight to accurately assess operational performance, biological risk, and long-term scalability.

This project demonstrates:

  • AquaSol’s capability in aquaculture due diligence and investment advisory
  • The importance of technical expertise in private equity transactions
  • How rigorous assessment can support informed investment decisions and post-acquisition growth

“Successful aquaculture investment requires more than financial analysis — it demands a deep understanding of biology, operations, and local conditions. Each site, species, and production system presents its own risks and constraints, which are not always visible through financial models alone. Our role is to provide investors with a clear, technically grounded assessment of performance, scalability, and long-term viability, ensuring that capital is deployed with a full understanding of both the risks and the opportunities.”

Tom Frese

Tom Frese

CEO & President of AquaSol

Optimising aquaculture health and performance.

Independent expertise across disease, biosecurity, nutrition, genetics, and environmental performance to support both operational improvements and technical due diligence.