[vc_row fullwidth=”true” fullwidth_content=”false” css=”.vc_custom_1511253087767{padding-top: 50px !important;padding-bottom: 50px !important;background: #f0f1f2 url(https://westbrooke.co.za/wp-content/uploads/2017/02/triangle-grey-top-left-600×600.png?id=166) !important;background-position: 0 0 !important;background-repeat: no-repeat !important;}” el_class=”blog-content”][vc_column width=”1/12″][/vc_column][vc_column width=”10/12″][vc_column_text css=”.vc_custom_1580820138084{margin-bottom: 0px !important;}”]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.[/vc_column_text][vc_row_inner is_fullwidth_content=”false” css=”.vc_custom_1581332431426{margin-top: -35px !important;margin-bottom: 0px !important;border-top-width: 0px !important;border-bottom-width: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column_inner][vc_column_text css=”.vc_custom_1581332407304{margin-bottom: 0px !important;}”]
