TSL Express Daily News
The Secured Lender
SFNet's 80th Annual Convention Issue
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Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
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SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
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It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
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It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
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It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
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Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
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A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
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Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
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Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
October 7, 2024
Source: PR Newswire
AUSTIN, Texas, Oct. 2, 2024 /PRNewswire/ -- Amuze, a leader in the gaming and amusement industry, is pleased to announce the successful refinancing of its debt in partnership with WhiteHorse Capital. This refinancing is a key step in enhancing Amuze's capital structure, providing the company with the financial flexibility to focus on its core operations, invest in growth initiatives, and continue delivering exceptional value to its stakeholders.
"We are incredibly excited about this milestone and feel well-positioned to continue our trajectory as a preeminent name in the industry," said Darren Delp, CEO of Amuze. "This strategic partnership with WhiteHorse Capital reinforces our long-term vision and commitment to growth."
The new capital structure extends the maturity date of Amuze's credit facility, reduces borrowing costs, and provides enhanced financial flexibility. These improvements will allow Amuze to pursue ongoing mergers and acquisitions, continuing the platform's expansion and integration of key brands.
Additionally, Amuze is pleased to announce the renewal of its partnership with Urban Air, one of the largest adventure park brands in the U.S. As the exclusive provider of arcade games, photo booths, and massage chairs for Urban Air, Amuze is ideally positioned to grow alongside the brand as it nears 220 locations nationwide.
Amuze operates under a profit-sharing model across its brands, collectively managing a network of over 8,000 machines strategically placed across bars, trampoline parks, airports, hospitals, amusement parks, and shopping malls nationwide. In addition to its profit-sharing model, Amuze benefits from owning Pipeline Games, a leading arcade machine manufacturer. This ownership streamlines their supply chain, lowering equipment costs and boosting overall profitability.
About Amuze
Amuze is a leading entertainment company, managing a diverse portfolio of gaming and amusement solutions in all 50 states. Through its profit-sharing business model, Amuze helps its clients offer compelling customer experiences with minimal upfront investment. Amuze operates under the brands Amuze Products, Bar Partners, Gardner Games, Emerson Amusements, and Pipeline Games. For more information, please visit Amuzeproducts.com
About WhiteHorse Capital
WhiteHorse Capital provides debt financing to middle market companies across a wide range of industries, including Telecom, Media and Technology, Healthcare, Business Services and Financial Services. WhiteHorse Capital has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. WhiteHorse Capital professionals, across the U.S. and Europe, have extensive experience and a proven track record of providing creative financing structures and employing a long-term relationship-oriented portfolio management philosophy. For more information, please visit whitehorse.com