Elias Arts
Client: Elias Arts
Sector: Media Production
Transaction: Senior Debt $6 million
For 20 years, Elias Arts has been a leader in providing music and sound production services to the commercial television advertising market. Its attention to quality, longstanding customer relationships and focus on the upper end of the market has resulted in over 600 industry awards. In November 2005, Elias Arts engaged Broadmark to raise $5 million to $6 million to recapitalize the company's existing balance sheet and provide working capital for ongoing expansion. Broadmark successfully secured a $6 million senior debt facility for Elias Arts in March 2006.