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Home Deal Announcements

Essex Capital Secures $22MM Debt Facility for Gaming Industry Company

Essex Capital Group closed a $22 million debt facility for a gaming company. The financing package included an initial term loan to refinance existing debt and a delayed draw term loan to support the company’s ongoing growth initiatives, including an active acquisition strategy.

byRita Garwood
January 23, 2025
in Deal Announcements, News

Essex Capital Group, a Tampa, FL-based corporate finance firm serving small and middle market privately held companies located throughout the United States, closed a $22 million debt facility for a gaming company. The financing package included an initial term loan to refinance existing debt and a delayed draw term loan to support the company’s ongoing growth initiatives, including an active acquisition strategy.

Fred Beilstein, managing director at Essex, stated, “The company approached us seeking a competitively priced, long-term financing solution that would not only refinance existing debt but also provide additional capital for future growth. It was crucial for the company to partner with a lender that understands the nuances of the industry and offers value added services. We successfully connected the company with a low-cost debt provider capable of meeting these requirements and supporting its growth trajectory.”

Essex Capital Group served as the exclusive financial advisor to the company throughout this transaction.

 

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