Exeter Street Capital Partners closed a financing transaction with The Sandbox Group, LLC

Exeter Street Capital Partners is pleased to announce the closing of a transaction relating to the $40 million private placement of preferred equity securities and senior debt financing for The Sandbox Group, LLC (“Sandbox”). Alaris Royalty Corp. provided the preferred equity and The PrivateBank provided the senior debt to support the transaction and growth strategy of the company.  Bengur Bryan & Co, the broker dealer affiliate of Exeter, executed the private placement to institutional investors.

The Sandbox Group is a full service marketing and advertising agency with operations across North America. The Sandbox Group was formed by four agencies with decades of proven results, coming together to create a new, single agency with one purpose: to focus squarely on their clients, work, people and the collaborative ethos that ties it all together. The agency offers strategic marketing, planning, and creative development, for all media and digital strategy solutions across various end markets.


Exeter Street Capital Partners Invests in PF Growth Partners, LLC

Exeter Street Capital Partners initiated and invested in the recapitalization of PF Growth Partners, LLC (PFGP). In conjunction with the transaction, Exeter arranged $93.75M of senior debt and preferred equity capital, through its broker dealer affiliate, Bengur Bryan & Co., Inc., to support PFGP’s new club expansion and to provide a distribution to shareholders.

PF Growth Partners, LLC is a leading Planet Fitness franchisee with locations in Maryland, Tennessee and Florida.