Transactions

Below is a select list of EFA transactions and advisory engagements. Please check back often for new listings.

Closed senior debt financing for supplier of advanced LED lighting for film, video production and stadiums

Sale of television broadcast company

Closed 2 refinancing and growth capital facilities for leading in-theatre dining/movie theatre company

Closed sale/leaseback financing for leading U.S. operator of amusement parks, water parks, and family entertainment centers

Sale of information and data services company

Advisor to explore various financing and growth options for digital media company focused on licensing well-known brands

Closed sale/leaseback transaction of certain assets to provide maximum value for the company

Sale of movie theatre company

Advised and brought in co-lead lender in large syndicated digital cinema conversion facility for leading integrator

Advisor for digital ad agency exploring financing and acquisition opportunities

Advisor for TV broadcast company seeking to acquire additional stations

Advisor to seek senior debt and development capital for growing film and television post-production company

Advisor to seek construction and permanent financing for indoor waterpark and entertainment center to be built in Toronto area

Closed recapitalization financing for film/television post production and content management services company

Closed equipment financing for digital projection conversion of Mark Cuban and Todd Wagner's movie theatre company

Closed senior debt utilized by top 20 US movie theatre company for refinancing debt and digital projection conversion

Closed equipment financing utilized by movie theatre company for its digital projection conversion

Closed equipment financing utilized by Canadian movie theatre company for its digital projection conversion

Closed equipment financing utilized by movie theatre company for its digital projection conversion

Closed equipment financing utilized by property developer for the digital projection conversion at two of its owned properties

Closed real estate and equipment financing utilized by movie theatre company for refinancing and digital projection conversion

Buy-side advisor for leading in-theatre dining/movie theatre company as it explores acquisitions

Advisor to seek senior debt and equipment financing for well- established restaurant entertainment company with sites throughout the US

Advisor to seek senior debt and development capital for growing restaurant entertainment company with sites in the northwestern US

Closed equipment facility utilized by a top 20 US movie theatre company for digital projection conversion

Advisor to vendor financing program for growing provider of motion seating in US and international movie theatres

Sell-side advisor for owner of large family entertainment center

Financial advisor for general business strategy of leading in-theatre dining movie theatre company

Co-financial advisor for structuring and evaluating financing of performance rights organization music company

Advisor for newly formed TV platform company seeking to acquire television stations

Advisor to arrange acquisition capital for growing manager of theme parks, waterparks and family entertainment centers

Co-sell-side advisor for owner of ski resort in Idaho with large indoor waterpark

Advisor to seek senior debt for owner of motorsports venues throughout the US and race sanctioning body

Advisor to seek equipment financing for growing restaurant entertainment company with interactive driving range sites throughout the US and UK

Buy-side advisor for top 20 movie theatre company as it explored acquisition opportunity

Closed senior debt add-on facility utilized by movie theatre company for renovating theatre and adding reclining seating

Closed equipment financing utilized by movie theatre company for its digital projection conversion

Financial advisor for reviewing and closing senior debt financing of top 20 US movie theatre company

Sell-side advisor for owner of company selling one of its patented seasonal toy product line

Financial advisor for all aspects of arranging capital for growing restaurant entertainment company

Retained as formally announced Interim CFO for publicly traded digital cinema integrator as it went through managerial change

Advisor to explore various financing and growth options for West Coast movie theatre company

Closed US and international equipment financing facility for film/television camera and lighting rental services company

Advisor to seek construction financing for start-up family entertainment center to be built in NJ

Advisor to seek construction financing for start-up family entertainment center to be built in CT

Closed senior debt utilized by a top 20 theatre company for a theatre acquisition and digital equipment

Closed construction financing to build new movie theatre as the first location of new theatre exhibition/dining company

Closed equipment financing utilized by movie theatre company for its digital projection conversion

Advised on general business strategy for movie theatre operator

Closed growth capital facility for restaurant entertainment company with proceeds used to open new locations

Closed equipment financing utilized by movie theatre company for its digital projection conversion

Big Al’s is a growing Washington-based company formed in 2006 that develops and operates upscale, state-of-the-art, family-friendly, restaurant/entertainment venues throughout the Northwest

Background: Big Al’s engaged EFA to assist with a $7 million financing needed for additional equipment to help grow the company. EFA reviewed the company’s situation and advised Big Al’s to consider a larger financing to unlock the equity value in certain assets.

EFA Process: EFA went to market exploring both options and closed on a $26 million transaction that EFA recommended to the company. EFA was able to procure and negotiate several financing proposals and led the closing effort. EFA continues to help Big Al’s as it works to grow its business by opening more venues.

Result: Maximized the asset value and locked in attractive rates for the current economic environment.

start quote It has been a pleasure working with Kenny Favre and the team at EFA as they understand the leisure industry and have deep relationships with industry financiers. EFA analyzed our current financial situation and growth plans, and then recommended and executed on a financing structure that we hadn’t previously considered. end quote

Daniel Kirkwood,
Founder and CEO of Big Al’s

NEXT CLIENT

Television broadcast company owning and operating WGGB-TV and WGGB-TV D2, the ABC and FOX network affiliates serving the Springfield-Holyoke, MA market

Background: Initially approached by Gormally Broadcasting to arrange financing to recapitalize the company and fund planned acquisition growth. EFA became company’s sell-side advisor when industry changes and market forces made exploring a sale a more advantageous and financially rewarding strategic option for the company.

EFA Process: EFA was successful in securing financing commitments to fund a recapitalization and several acquisitions during the initial engagement focus. However, marketplace dynamics noted above resulted in EFA recommending a company sale. EFA provided a tailored, results-oriented approach from start to finish.

Result: EFA identified Meredith Corporation (NYSE: MDP) as the leading buyer and managed all aspects of the sale, maximizing the sales price received for the company.

start quote It was a pleasure working with Dave Harrington and the team at EFA. Through Dave’s deep industry knowledge, relationships and marketplace expertise, we were able to maximize the ultimate value of our company’s broadcast assets. end quote

John Gormally,
Founder, Owner and President of Gormally Broadcasting

NEXT CLIENT

Growing movie theatre company that provides an in-theatre dining experience with over 100 screens throughout the US

Background: Longtime client that initially approached EFA seeking junior capital to grow its business.

EFA Process: After reviewing the company's capital structure and growth plans EFA recommended a financing structure that would recapitalize the company and provide significant growth capital.

Result: Closed two financings that recapitalized the company and provided growth for new theatres. Studio Movie Grill remains an EFA client for M&A opportunities.

start quote We were delighted to work with the EFA Partners team on our second successful financing with them. Their wide range of capital markets experience, banking relationships and deep knowledge of the cinema and location-based entertainment industries made them the perfect choice to assist with our financing efforts, which support SMG's active growth strategy. end quote

Brian Schultz,
Owner, founder and President of Studio Movie Grill

NEXT CLIENT

Television and motion picture post-production and digital content management services

Background: Company approached EFA seeking refinancing of its debt subsequent to other advisors attempting to do so with a combination of senior debt and equity.

EFA Process: After reviewing its capital structure EFA recommended a debt structure to fully refinance the company's debt.

Result: Closed senior debt facility that refinanced the company's existing debt, which was much more cost-effective than equity.

start quote The EFA team proposed a creative strategy to recapitalize Modern VideoFilm that met our needs in a way that was unique and different from what other financial advisory firms proposed to us. We appreciated their understanding of the entertainment industry and EFA's extensive financial relationships and we look forward to continuing our relationship. end quote

Moshe Barkat,
CEO and President of Modern VideoFilm

NEXT CLIENT

Mark Cuban and Todd Wagner's well established movie theatre company - with almost 300 screens located throughout the US

Background: Landmark approached EFA for an equipment financing to convert its screens from 35mm to digital projection.

EFA Process: While the company had many financing options given its strong ownership, its management was busy with business operations and retained EFA to handle the digital conversion financing process.

Result: Closed equipment financing facility utilized for all of its digital projectors. EFA led all aspects of the financing including negotiation of complex digital cinema conversion agreements.

start quote EFA's unique knowledge and experience with film exhibition and digital cinema was extremely helpful in leading our financing process. Landmark prides itself in providing the best customer experience to its patrons and we are excited that this financing will allow us to continue that with our digital conversion. end quote

Sky Hansen,
Chief Financial Officer of Landmark Theatres

NEXT CLIENT

Growing upscale restaurant entertainment company with venues that provide dining, bowling, arcades and live entertainment

Background: Company approached EFA seeking capital to refinance debt at its inaugural location in Jacksonville, FL.

EFA Process: After reviewing its capital structure and growth plans, EFA recommended a two-stage approach to provide development capital and equipment financing for new locations.

Result: Initially, closed a financing to refinance debt at its existing site and provided capital to develop two new sites. Subsequently closed an equipment financing for the new sites. Latitude 360 remains an EFA client for refinancing and M&A opportunities.

start quote We're excited to continue our relationship with the EFA team. They understand the location-based entertainment industry and have deep relationships with financiers as well as strategic industry participants, all of which will help us execute on our growth plans. end quote

Brent Brown,
Founder and President of Latitude 360

NEXT CLIENT

Television industry management group formed to manage and operate US TV stations

Background: Huntington approached EFA seeking capital for potential television station acquisitions.

EFA Process: EFA understood that private equity firms and lenders are seeking experienced management teams to back for acquisition opportunities in the television sector.

Result: EFA has introduced the company to several private equity firms as well as senior lenders, resulting in bids for groups of television stations and the company continues to seek other opportunities, with EFA’s assistance.

start quote We are acutely aware of the trends that are transforming the local broadcast TV business and have recently begun to explore opportunities to acquire stations. We are very excited about the prospects for the industry and the opportunities to capitalize upon. We are also pleased to have EFA Partners as our financial advisor as their many years of media industry experience and extensive financial relationships will help us accomplish our goal of building a best-in-class station group.

David Tynan,
CEO of Huntington Broadcast Management Group

NEXT CLIENT

A Financial Advisory and Capital Placement Firm NEW YORK - ATLANTA

Transactions

A Financial Advisory and Capital Placement Firm
NEW YORK - ATLANTA