westbrooke UK and the firmament group are pleased to be providers of a refinance and growth capital facility to pearl and dean cinemas

Westbrooke Alternative Asset Management UK Limited (“Westbrooke”) and the Firmament Group (“Firmament”) are pleased to be providers of a refinance and growth capital facility (the “Facility”) to Pearl and Dean Cinemas (“P&D”) and its sister company Wide Eye Media (“WEM”).  P&D and WEM are leading cinema advertising companies that provide turnkey solutions to support cinema operators, advertisers, and agencies. P&D holds #2 market share in the UK, while WEM holds #1 market share in Ireland.

Westbrooke, via its fund, Westbrooke Yield Plus Limited, and through its co-investment partners (the “Consortium”) provided a significant portion of the senior debt to facilitate the refinance of existing debt facilities. In addition, the Consortium invested alongside Firmament into a preferred equity tranche to support future growth initiatives.