Caprice Capital Partners underwrote, agented and served as a sole lender on a first lien term loan for Break The Floor Productions. Caprice partnered with Geyser Holdings on its purchase of the company.
“The Caprice team was a pleasure to work with and we are extremely pleased to have their support as a growth-minded financing partner for the company,” Russell Geyser, founder of Geyser Holdings, said. “Caprice’s ability to execute with certainty under a tight timeline was instrumental.”
Founded in 1999, by a dance industry veteran, Break The Floor is a dance entertainment company providing touring productions, dance workshops, photo and video production, events and apparel. With a broad reach of more than 300,000 dancers annually, Break The Floor is one of the preeminent dance entertainment companies in the nation. Break The Floor is the industry standard for dance entertainment and produces approximately 140 live touring dance conventions and competitions annually catering to different dance styles and skill levels for dancers aged four through 18.
“We are excited to partner with Geyser Holdings and Break The Floor in its next phase of growth as a leading dance entertainment company in North America,” Jon Finch, partner at Caprice, said.
“Geyser Holdings will provide value-added financial and strategic operational expertise,” Robert Choi, vice president at Caprice, said.
