We are delighted to work with the teams at Pearl & Dean and Wide Eye Media in the coming years." Marion Bernard, Principal and UK Managing Director at Firmament elaborated, "As a dedicated funder to SMEs across the United Kingdom and the Republic of Ireland, we could not be more pleased to support an iconic British brand like Pearl & Dean and Dublin based Wide Eye Media." The businesses are an excellent fit with our investment strategy given their leading market position, sterling reputation, and strong customer relationships. Tedmond Wong, Principal at Firmament said, "We are proud to serve as a financing partner for these two long-standing leaders in the cinema industry. Specific terms of the transaction were not disclosed. The transaction was completed by Firmament's investment team in London, which is led by Principals Marion Bernard and Tedmond Wong.Īs a provider of bespoke capital solutions, Firmament together with Westbrooke Alternative Asset Management ("Westbrooke"), provided both debt and equity capital to P&D and WEM to refinance existing debt facilities at both companies and to support future growth initiatives. Both businesses are leading cinema advertising companies that provide turnkey solutions to support cinema operators, advertisers, and agencies in the United Kingdom and Ireland. With offices across the United States and in the United Kingdom, Firmament is focused on turning small business into big business.LONDON, July 16, 2019 /PRNewswire/ - The Firmament Group ("Firmament"), a leading provider of tailored debt and equity capital solutions to small- and medium-sized enterprises (SMEs), announced today an investment in Pearl & Dean ("P&D") and its sister business, Wide Eye Media ("WEM"). Firmament is a value-added partner to entrepreneurs, management teams and business owners and curates solutions by deploying versatile capital in a user-friendly way. Firmament seeks both senior and junior debt capital opportunities including unitranche, second lien and mezzanine debt, and also provides equity capital structured as either preferred or common equity. The Firmament Group ( provides tailored debt and equity capital solutions to small- and medium-sized enterprises. Further, we are thrilled to back Jim Wachtman and believe his decades of eye care experience will pay dividends as we continue to invest in the space." Campbell added, "we are very excited to partner with Jim and this nationally-renowned physician group, and we look forward to supporting the team as they accelerate their impressive growth trajectory." Wachtman has over 35 years of healthcare experience including 23 years in ophthalmology. Boyd commented, "we feel strongly that the trends in ophthalmology present a compelling long-term investment thesis, and we are excited to partner with a group of physicians with a national reputation for high-quality patient care. Parris Boyd and Green Campbell led the transactions for Firmament. Concurrent with the transactions, Jim Wachtman has joined as Chief Executive Officer. The transactions demonstrate Firmament's continued conviction in the ophthalmology sector, having previously invested in practices in Southern Florida and Northern California through its managed services organization Vision Integrated Partners ("VIP"). 7, 2020 /PRNewswire/ - The Firmament Group ("Firmament"), a leading provider of tailored debt and equity capital solutions to small- and medium-sized enterprises (SMEs), announced today an investment in three ophthalmology practices and an ambulatory surgery center in St.
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