ATLANTA (December 2016) – BlueArc Mezzanine Partners, an Atlanta-based private mezzanine investment firm, announces the closing of the first investment out of its $100 million targeted mezzanine and equity fund.
In December, BlueArc Mezzanine Partners (“BMP” or the “Fund”) closed on a $2.5 million mezzanine commitment to Leon Capital Group to fund their acquisition of Mattison Avenue Salon Suites & Spa (“Mattison Avenue”). Headquartered in Dallas, TX, Mattison Avenue provides state-of-the-art, upscale salon suites for lease to beauty care professionals, including hair stylists, massage therapists, nail specialists, estheticians, and make-up artists. The company currently operates five locations around Dallas with plans to expand across the Southeast.
Leon Capital Group, also based in Dallas, TX, acquired the company out of its Private Equity group from its founder and current owner with the intent to aggressively grow operations. Overall, Leon Capital Group acquires and develops real estate assets within multi-family, retail, and self-storage properties. The Private Equity group within Leon Capital leverages the firm’s real estate expertise and market knowledge to form strategic partnerships with growing businesses like Mattison Avenue through private equity investments. BMP provided mezzanine funding, along with senior debt from Dallas Capital Bank, to complete the overall financing.
For more information about the Fund or this investment, please contact Scott Barfield at sbarfield@bluearccapital.com or Steve Brannon at sbrannon@bluearccapital.com or call our office at (678) 384-4520.
About BlueArc Mezzanine Partners
BlueArc Mezzanine Partners provides $3 to $10 million of mezzanine and equity capital per transaction to lower middle market companies predominately located in the Southeast, Midwest, and Mid-Atlantic. BMP’s funds are used for growth, acquisitions, recapitalizations, and refinancings in a broad array of industry sectors. The three partners within BMP have a significant track record working with lower middle market companies. For more information, visit www.bluearcmezzanine.com.
In December, BlueArc Mezzanine Partners (“BMP” or the “Fund”) closed on a $2.5 million mezzanine commitment to Leon Capital Group to fund their acquisition of Mattison Avenue Salon Suites & Spa (“Mattison Avenue”). Headquartered in Dallas, TX, Mattison Avenue provides state-of-the-art, upscale salon suites for lease to beauty care professionals, including hair stylists, massage therapists, nail specialists, estheticians, and make-up artists. The company currently operates five locations around Dallas with plans to expand across the Southeast.
Leon Capital Group, also based in Dallas, TX, acquired the company out of its Private Equity group from its founder and current owner with the intent to aggressively grow operations. Overall, Leon Capital Group acquires and develops real estate assets within multi-family, retail, and self-storage properties. The Private Equity group within Leon Capital leverages the firm’s real estate expertise and market knowledge to form strategic partnerships with growing businesses like Mattison Avenue through private equity investments. BMP provided mezzanine funding, along with senior debt from Dallas Capital Bank, to complete the overall financing.
For more information about the Fund or this investment, please contact Scott Barfield at sbarfield@bluearccapital.com or Steve Brannon at sbrannon@bluearccapital.com or call our office at (678) 384-4520.
About BlueArc Mezzanine Partners
BlueArc Mezzanine Partners provides $3 to $10 million of mezzanine and equity capital per transaction to lower middle market companies predominately located in the Southeast, Midwest, and Mid-Atlantic. BMP’s funds are used for growth, acquisitions, recapitalizations, and refinancings in a broad array of industry sectors. The three partners within BMP have a significant track record working with lower middle market companies. For more information, visit www.bluearcmezzanine.com.
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