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EFA Partners Arranges Construction Financing for Throwback Family Fun’s New Venue
May 2, 2022
New York, NY (May 2, 2022) – EFA Partners, a financial advisory firm that provides investment banking and strategic consulting services for companies in the entertainment and media sectors, today announced that it arranged financing for Throwback Family Fun’s new multi-attraction indoor entertainment venue that will be built in the growing Casa Grande market in Arizona. Construction is scheduled to commence in the next few weeks with an opening planned for later this year.
Throwback Family Fun is led by Peter and Kelsey Redwine who have been developing their concept for many months, working with the Casa Grande municipality and with local investors. Casa Grande is a growing city located about halfway between Phoenix and Tucson. The new venue will feature laser tag, axe throwing, arcade games, party rooms, food & beverage service, and many other attractions.
“It has been great working with Peter and Kelsey over the past several months and we’re confident that their entertainment venue will be a welcome addition to the Casa Grande market,” said Ralph Willis, Managing Partner and founding principal of EFA Partners. “They have received tremendous support from the municipality and the community as a whole so it has been a pleasure helping to make their vision a reality."
EFA’s principals have over 70 years of collective experience in providing financing solutions for entertainment, and media companies. They have deep relationships with banks, equipment lessors, construction lenders, specialty finance groups, REITs, and private equity groups. The team prides itself on handling its clients’ financing processes from start to finish. For Throwback Family Fun, EFA approached a targeted list of prospective financiers, introduced lenders that were previously unknown to the Throwback Family Fun team, and participated in all phases of negotiations with lenders.
“We have really enjoyed working with Ralph and the EFA team,” said Peter Redwine, one of the principals of Throwback Family Fun. “As you can imagine, it is not easy obtaining a loan for a new entertainment venue, especially given that our team does not have much experience working with lenders in the FEC sector. EFA’s experience with arranging financing for new leisure sites and their lender relationships were instrumental for the development of our venue.”
About EFA Partners
EFA Partners is a boutique financial advisory firm with offices in New York and Atlanta. It provides investment banking services focused on arranging growth capital, mergers and acquisitions, and financial consulting services. Its targeted sectors include family entertainment centers, movie theaters, theme parks, water parks, casinos, film and media service companies, communications service companies, concert venues, music, hospitality, observation wheels and decks, sports, and others. Since its inception in 2009, EFA has been retained by over 175 clients, have arranged over $1.5 billion of capital and have advised on over $3 billion of additional capital.
