July 1, 2015
EFA Partners, a boutique financial advisory firm focused on arranging capital and providing investment banking and strategic consulting services for entertainment, media and telecom companies, served as a leisure industry advisor to TZP Group (“TZP”), a private equity firm based in New York City, to support its investment in Family Entertainment Group, a leading manager and operator of family entertainment and amusement facilities.
TZP Group focuses on making investments in growing companies in the business and consumer services sectors where its team of investment professionals has significant expertise. The firm’s ‘partner of choice’ investment strategy reflects its ability to deliver strong returns to its limited partners while supporting the mission of portfolio companies.
To support its strategic investment in Family Entertainment Group, TZP selected EFA Partners to conduct a comprehensive analysis of the arcade industry and related-sectors that have arcade game areas such as movie theaters, amusement parks, water parks, family entertainment centers, and cruise ships. By leveraging its significant transaction and family entertainment industry expertise, EFA provided valuable insight that allowed TZP to make a more informed decision regarding its investment in FEG.
“TZP has successfully invested in the consumer services industry, and the firm has a strong reputation for its commitment in serving its portfolio companies,” stated Ralph Willis, Managing Partner and co-founder of EFA Partners. “It was a pleasure working with the TZP team, and we look forward to working with them in the future.”
About EFA Partners
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 $13 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 90 clients and placed over $800 million of capital as well as advised on over $1.2 billion of additional transactions.
About TZP Group LLC
TZP Group, a private equity firm with assets under management of more than $600 million across its family of funds, is focused on investments in based business and consumer services companies. Founded in 2007, TZP targets companies with solid historical profitability and sustainable value propositions and aims to be a "Partner of Choice" for business owners and management teams. TZP seeks to invest primarily in closely-held, private companies where the owners desire to retain a significant stake and partner with an investor with complementary operating and financial skills to accelerate company growth, increase profitability, and maximize the value of their retained stake. TZP leverages its investment professionals' operating and transaction experience to provide strategic and operational guidance, and is dedicated to long-term value creation.
About Family Entertainment Group
Family Entertainment Group is an outsourced designer, developer, and operator of family-oriented amusement facilities. Founded in 2003 and based in Barrington, IL, the Company is a leader in the family entertainment market and has a strong track record of delivering high-quality, unique, and innovative entertainment experiences.