June 1, 2017
New York, NY (June 2017) – 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 for Moviehouse & Eatery, a growing theatre circuit in Texas that features in-theatre dining.
“It was once again a pleasure working with the Moviehouse & Eatery team,” stated Brandt Gully, Managing Partner and co-founder of EFA Partners. “We assisted them with the financing of their first theatre and it’s been exciting to watch them grow the business.”
For the valuation, EFA utilized its extensive experience and knowledge of the growing in-theatre dining sector as well as analyzed the local markets at each of the Moviehouse & Eatery 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 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 Moviehouse & Eatery
Moviehouse & Eatery opened its first location in November 2012 in Austin, TX. It was originally an 11-screen theatre with only 4 dine-in and 7 general admission auditoriums. It was quickly apparent that demand for reserved seating with full dine-in service surpassed that for general admission so it converted one additional auditorium to dine-in in 2013 and then the remainder in 2015. The company opened its second location, an 8-screen dine-in theatre in Keller, TX in November 2014. The third location, also with 8 screens, opened in Flower Mound, TX in July 2015. The newest location is a 10-screen theatre that opened in McKinney, TX in September 2016. All 37 auditoriums in the 4 respective theatres offer full dine-in service and include reserved seating and luxury recliners.