TAMPA, FL – JANUARY 22, 2025 — Essex Capital Group, Inc. (“Essex”) is pleased to announce the successful closing of a $22,000,000 debt facility for a gaming company (the “Company”). The financing package includes 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.
About Essex Capital
Essex Capital Group, Inc. is a Tampa, Florida-based corporate finance firm serving small and middle market privately held companies located throughout the United States. With extensive capital markets experience, Essex provides creative solutions to businesses in need of financial restructuring. Typical advisory services include balance sheet recapitalizations with senior and subordinated debt. Since inception in 2003, Essex has successfully raised in excess of $1.3 Billion for 140+ corporate finance clients.
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