July 1, 2016
New York, NY (July 2016) – EFA Partners, a boutique financial advisory firm focused on arranging capital and providing investment banking and strategic consulting services for entertainment, media and technology companies, announced that it recently provided a comprehensive business valuation utilized for estate planning purposes for Movie Palace, an operator of 9 theatres in 53 screens in Wyoming.
“It was a pleasure working with the Movie Palace team,” stated Brandt Gully, Managing Partner and co-founder of EFA Partners. “We enjoyed working with them and assisting them with the valuation of their exhibition operations and real estate properties. We look forward to working with them again in the future.”
For the valuation, EFA utilized its extensive experience and knowledge of the film exhibition sector and analyzed the local markets at each of the Movie Palace theatre locations to determine an appropriate range of estimated values for the business in the current market.
About EFA Partners
EFA Partners is a boutique financial advisory firm that provides investment banking services focused on capital raises, mergers and acquisitions, and financial consulting services for entertainment, media and technology companies. Since its inception in 2009, EFA has been retained by over 130 clients, having arranged and advised on over $3.5 billion of financings in its targeted sectors, including advising and closing numerous acquisition and sell-side transactions and providing industry analysis reports. 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.
About Movie Palace
Movie Palace was formed in 1988 and is headquartered in Casper, WY. It operates 9 theatres and 53 screens in Wyoming. Five theatres are located in Casper, two in Cheyenne and two theatres in Sweetwater County (Rock Springs and Green River). It started the business with the single screen Rialto Theatre in Casper and has since significantly grown to become leading theatre operator in Wyoming.