August 1, 2011
ANNOUNCEMENT (August 2011) -- EFA Partners, an entertainment financial advisory firm focused on providing financing solutions for the film and leisure sectors, led and advised a significant equipment financing facility for Panavision, a leading designer, manufacturer and supplier of camera systems as well as the largest independent global supplier of lighting systems. The proceeds from the financing are to be utilized to augment Panavision’s existing revolving credit facility to provide its numerous film and television clients with the latest state-of-the-art digital camera equipment.
EFA’s principals have over thirty years of collective experience in film industry finance and have deep relationships with capital providers to the industry. They concentrate on the needs of various film sectors including film service companies, theatre owners, and digital cinema firms. This focus allowed them to provide Panavision with numerous proposals, provide appropriate recommendations and assist with the negotiation of the financing documentation.
ABOUT EFA PARTNERS:
EFA Partners is a specialized advisory and financial consulting firm focused on providing financial services to the film and leisure industries. EFA’s principals have collectively provided financial solutions to the film industry for over thirty years and continue to focus on the various sectors within that industry. The group’s services include capital placement across the capital structure as well as recommendations and strategy execution related to mergers and acquisitions, restructurings, and general business planning. EFA’s offices are located in New York and Atlanta. For additional information, visit EFA’s web site at www.efapartners.com.
Founded in 1954, Panavision Inc. is a leading designer and manufacturer of high-precision camera systems, comprising of film and digital cameras, lenses and accessories for the motion picture and television industries. Panavision systems are rented through its domestic and international owned and operated facilities and distributor network. Panavision also supplies lighting, grip and crane equipment for use by motion picture and television productions. For additional information, visit the web site at www.panavision.com.