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.
