May 15, 2015
Transaction Supports Apex’s Strategic Acquisition of an Indoor/Outdoor Water Park Facility
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, successfully arranged a real estate financing for Apex Parks Group (“Apex”).
Apex is a privately held operating company based in Aliso Viejo, California. It was founded in 2014 when the company acquired fourteen family entertainment centers in multiple states, and the Big Kahuna’s water park in Destin, Florida. The company’s goal is to continue to acquire similar family entertainment venues and through investment in people, products, and efficient processes, grow the profitability of each park while maintaining its core values of safety, guest satisfaction, and employee teamwork.
“It has been a pleasure working with Al Weber and the Apex team who have extensive experience and a proven long-term track record of innovation and success in the amusement and family entertainment business,” stated Ralph Willis, Managing Partner and founding principal of EFA Partners. “We look forward to continuing the relationship as they expand their platform of leisure venues.”
As part of the financing process, EFA completed a comprehensive transaction presentation, procured several competing bids, and negotiated key terms of proposals as well as closing documentation. This resulted in Apex being able to secure a financing with excellent terms that allowed it to complete its acquisition in a cost effective manner.
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, media, and technology companies. Its senior team has closed and managed over $14.5 billion of financing 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 Apex Parks Group
Apex is a privately held company based in Aliso Viejo, California with thirteen family entertainment centers, and two water parks located in California, Texas, Florida, and New Jersey. Apex is currently one of the largest owners of family entertainment centers in the U.S. Apex was founded in 2014 to acquire and operate best-in-class out-of-home entertainment assets and is committed to excellence, to the communities it serves, and to delivering value that exceeds expectation. For more information, please visit www.apexparksgroup.com.