Breakwater Investment Management Completes Financing of Happy Hour Creative, LLC

Growth capital fund backs leading Los Angeles-based entertainment marketing firm serving the film, television, and video game industries.
By: Darla Bea Smith
 
April 13, 2012 - PRLog -- Los Angeles, CA, April 13, 2012 -- Breakwater Investment Management, LLC (“Breakwater”) has provided a growth capital investment to Happy Hour Creative, LLC (“Happy Hour”) out of its Breakwater Structured Growth Opportunities Fund (the “Fund”). Breakwater, which serves as General Partner of the Fund, is a private investment firm that specializes in direct investments in leading small to lower middle market growth businesses.

Headquartered in Los Angeles, CA, Happy Hour is a full-service provider of creative marketing services to clients in the film, television, home entertainment, and video game industries. The company specializes in creating trailers, teasers, and television spots through its many platforms of production.

“We approached Breakwater for growth capital financing to support the company’s ongoing expansion as well as supply us with the capital needed to pursue targeted opportunistic acquisitions in our sector,” said Greg Golden, CFO at Happy Hour. “This growth financing from Breakwater will help us hire or acquire world-class producers and other talent to further expand our platforms of production.”

“We are thrilled that our capital will help fuel the operational growth plans of this dynamic Los Angeles-based entertainment marketing company and support the creation of jobs in our local community,” said Saif Mansour, Managing Partner at Breakwater. “Our Fund seeks promising growth companies like Happy Hour, which is currently at a very exciting phase of its business, with plans to expand its capabilities through new acquisitions.”

About Breakwater Investment Management, LLC
Breakwater Investment Management (www.breakwaterfund.com) is a private investment firm that specializes in direct investments in small to lower middle market growth businesses with annual sales ranging between $5 million and $100 million. The firm serves as general partner of Breakwater Structured Growth Opportunities Fund, LP, a $100 million open-ended private investment partnership organized in August 2008 under Delaware law. The Fund’s investment objective is to generate both current income and capital appreciation through secured debt investments accompanied with equity participation rights, primarily in growth-oriented companies across a variety of industries.

If you would like to know more about Breakwater, visit www.breakwaterfund.com or call (424) 777-4000.

Contact:
Darla Bea Smith
Breakwater Investment Management, LLC
1999 Avenue of the Stars, Suite 3430
Los Angeles, CA 90067
424-777-4000
F:424-777-4001
press@breakwaterfund.com
http://www.breakwaterfund.com/
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