January 12, 2015
EFA Partners Arranges $2.8 Million Construction Financing for Restaurant Entertainment Company Crystal Bees
EFA Partners, a boutique financial advisory firm that provides investment banking and strategic consulting services for companies in the entertainment, media, and telecommunications industries, announced that it arranged construction financing for Crystal Bees, a recently formed restaurant entertainment company that will be opening its first venue in Southington, CT in late 2015.
The 32,500 sq. ft. venue will operate as a hybrid restaurant / entertainment concept and will cater to both families and adults. It will provide a great atmosphere for patrons to enjoy upscale quality food and beverages, boutique bowling and other exciting attractions. The venue will feature sixteen lanes of bowling including four VIP lanes, a high-energy lounge, bocce, and an arcade game zone.
EFA’s principals have over 30 years of collective experience in providing financing solutions for leisure companies, and they have deep relationships with banks, lessors, specialty finance groups, mezzanine debt providers and private equity groups. The EFA team prides itself on handling its clients’ financing processes from start to finish. For Crystal Bees, EFA identified and garnered interest from several lenders, created helpful background materials on the company and the industry, and assisted in all phases of negotiations.
“It was a pleasure working with Don and we’re delighted that he now has the capital necessary to make his vision a reality,” said Ralph Willis, Managing Partner and a founding principal of EFA Partners. “We’re looking forward to seeing Crystal Bees open later this year. The venue will be an excellent addition to the Southington community that adults and families will enjoy for many years to come.”
ABOUT EFA PARTERS
EFA Partners is a boutique financial advisory firm that provides investment banking services focused on arranging capital, M&A, and financial consulting services for entertainment, leisure, media, and telecommunications companies. Its senior team has closed and managed over $14.5 billion of financings in its targeted sectors. EFA has a wealth of relationships from which to source capital including local and regional banks, national and international banks, specialty finance groups, equipment financiers, providers of mezzanine debt and private equity groups. Since its formation in 2009, EFA has been retained by over 80 clients, having arranged and placed over $750 million of capital as well as advising on over $1.2 billion of additional transactions. (www.efapartners.com)