What do you do with your family-owned seafood company when your kids have no interest in running the business? That’s a challenge facing many small seafood firms these days.

A new investment group is hoping it can help seafood companies in Atlantic Canada navigate this succession challenge.

“There are a lot companies out there looking to get out of the business but don’t know how,” said Brian Bosse, president of Sustainable Oceans Capital (SOC) based in Toronto.

“The owners are at a point where they are considering the transition of the business as they are getting on.