July 20, 2017
Reports Utilized to Support VIP’s Growth Plans and Equity Investment
New York, NY (September 2017) – EFA Partners, a boutique financial advisory firm focused on arranging capital and providing investment banking and strategic consulting services for entertainment, media and technology companies, announced that it completed several comprehensive analyses of the film exhibition industry for VIP Cinema Seating, the leading recliner seating manufacturer to the film exhibition industry. The analyses supported VIP’s growth objectives which resulted in an investment from H.I.G. Capital, a leading global private equity investment firm with $21 billion of capital under management.
“We enjoyed working with EFA’s team,” stated Stephen Simons, CEO of VIP Cinema Seating. “Their years of experience in the film exhibition sector allowed them to complete detailed industry reports that contained a wealth of data and were very helpful for our company and our investors.”
During the past several years, EFA has completed comprehensive industry analyses and business valuations for several operating companies and private equity firms. Industries have included film exhibition, family entertainment centers, theme parks/water parks, bowling and others. For VIP, EFA’s reports provided data on market size, trends and other strategic information on the film exhibition markets in North American, Europe, Asia, Latin America and Australia.
“It has been a pleasure working with Steve Simons and his team,” stated Ralph Willis, Managing Partner and co-founder of EFA Partners. “They’ve done an excellent job of executing on their business plan which has resulted in tremendous growth for the company.”
About EFA Partners
EFA Partners is a boutique financial advisory firm that provides investment banking services focused on capital raises, mergers and acquisitions, and financial consulting services for entertainment, media and technology companies. Since its inception in 2009, EFA has been retained by over 125 clients, having arranged and advised on over $3.5 billion of financings in its targeted sectors, including advising and closing numerous acquisition and sell-side transactions and providing industry analysis reports. EFA has a wealth of relationships from which to source capital including local and regional banks, national and international banks, specialty finance groups, equipment financiers, providers of mezzanine debt and private equity groups.
About VIP Cinema Seating
VIP Cinema is the leading designer and assembler of premium seating solutions for the global cinema industry. VIP serves cinema exhibitors, large and small, with a wide selection of seating products that are fully customizable and able to be configured for all auditorium layouts. The company sells both premium recliners and smaller, concentrated seats, to address all needs of exhibitors. In addition to its product development capabilities and nearly 100% on-time delivery track record, VIP also provides all aftermarket parts for its products, serving as a one-stop-shop for all seating needs throughout the life cycle.