ATLANTA, March 10, 2022–(BUSINESS WIRE)–Eagle International (“Eagle”), a ladies and minority-owned distributed gaming supplier primarily based in Georgia, at present introduced that it has entered right into a $50 million financing settlement with the Personal Credit score enterprise inside Goldman Sachs Asset Administration (“Goldman Sachs”) to finance the mix of two COAM companies. The mixture of those companies makes Eagle one of many leaders throughout the Coin Operated Amusement Machine (COAM) business within the state. The settlement consists of dedicated capital obtainable to finance the longer term growth of Eagle by way of acquisition of extra distributed gaming suppliers within the area and different development capital expenditures.
The crew at Eagle is comprised of skilled operators and personal fairness traders with greater than 40 years within the business. “We’re happy with the crew that has grown the enterprise over the previous 12 years and are grateful for the assist of our prospects, our crew, and the Georgia Lottery Company whose steadfast management has helped institutionalize our business whereas concurrently serving the wants of 1000’s of Georgia residents by way of their dedication to the assorted academic packages such because the HOPE and Pre-Okay scholarships right here. We’re dedicated to increasing the chance set for management by ladies in areas the place there may be little illustration and, in Goldman Sachs, we’ve got discovered a accomplice that shares our imaginative and prescient for a extra inclusive platform that provides prospects superior ranges of service,” stated Michelle Franklin, Co-Founder and CEO of Eagle.
“We’re excited to accomplice with Michelle, Antonia, and the Eagle crew, who we imagine embody the qualities we search in sturdy administration groups. Via their buyer worth proposition and give attention to compliance, we see a compelling alternative for the corporate to proceed to develop each organically and thru acquisitions to extend its aggressive footprint within the COAM market,” stated the crew at Goldman Sachs Asset Administration.
About Eagle International
Eagle International is a Class B Grasp COAM License proprietor and operator within the state of Georgia. With a route that extends to nearly each nook of the state, a crew with over 40 years of business expertise throughout operations, personal fairness, and retail, Eagle companies the wants of lots of of shoppers by way of its crew of expert technicians and operators. With its partnership with Goldman Sachs, Eagle is actively seeking to purchase or accomplice with different business operators right here in Georgia whereas persevering with to construct on its natural development. For extra info, please go to www.eagleglobalinc.com.
About Goldman Sachs Asset Administration Personal Credit score
Bringing collectively conventional and various investments, Goldman Sachs Asset Administration gives purchasers world wide with a devoted partnership and give attention to long-term efficiency. As the first investing space inside Goldman Sachs (NYSE: GS), we ship funding and advisory companies for the world’s main establishments, monetary advisors and people, drawing from our deeply linked world community and tailor-made skilled insights, throughout each area and market—overseeing greater than $2 trillion in belongings beneath supervision worldwide as of December 30, 2021. Pushed by a ardour for our purchasers’ efficiency, we search to construct long-term relationships primarily based on conviction, sustainable outcomes, and shared success over time. Goldman Sachs Asset Administration invests within the full spectrum of options, together with personal fairness, development fairness, personal credit score, actual property and infrastructure. Established in 1996, the Personal Credit score enterprise inside Goldman Sachs Asset Administration is likely one of the world’s largest personal credit score traders with over $85 billion in belongings throughout direct lending, mezzanine debt, hybrid capital and asset-based lending methods. Our deep business and product data, intensive relationships and world footprint place us to ship scaled outcomes with velocity and certainty, supporting corporations from the decrease center market to giant cap in dimension. Observe us on LinkedIn.
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Contacts
Avery Reed
Goldman Sachs
Avery.Reed@gs.com
(212) 902-5400
Eagle International
information@eagleglobalinc.com
(404) 997-3303