Jackson Walker represented Surge Private Equity, a Dallas-based private equity firm, in the successful refinancing of debt for its Amuze platform in partnership with Whitehorse Capital. This strategic refinancing is part of Surge’s ongoing efforts to enhance Amuze’s capital structure and support its long-term growth objectives.
This refinancing extends the maturity date of its credit facility and provides Surge’s Amuze platform with improved financial flexibility and reduced borrowing costs. These enhancements allow the Amuze companies to focus on their core business operations, invest in key growth initiatives, and continue delivering superior value to their stakeholders.
“We are excited to announce the successful refinancing of our Amuze platform’s debt in partnership with Whitehorse Capital. This will strengthen Amuze’s financial position and ensure it is poised for continued growth,” said Tom Beauchamp, Partner at Surge Private Equity. “This transaction underscores our commitment to supporting our portfolio companies with continuous access to growth capital that unlocks long-term value.”
Amuze, a leader in the entertainment industry encompassing Amuze Products, Bar Partners, Pipeline Games, and other leading brands, operates under a revenue-sharing business model. Amuze effectively maintains and monitors a vast network of over 6,000 machines across all 50 states that are strategically placed in bars, trampoline parks, airports, hospitals, amusement parks, and shopping malls, offering a diverse range of products from massage chairs to arcade games. Since its acquisition by Surge in 2021, Amuze has experienced significant growth. With its new capital structure, Amuze is well-positioned to accelerate its growth trajectory and execute on strategic initiatives.
Surge worked closely with Whitehorse Capital, which acted as administrative agent, collateral agent, and arranger for a syndicate of lenders, to complete this transaction, ensuring optimal terms that align with the platform’s operational and financial goals. Latham & Watkins LLP represented WhiteHorse Capital in the transaction with a team led by partner Ryan LaFevers and associates Luke Groom and Will Martin.
The Jackson Walker team was led by debt finance partner Kathryn Nordick and associate Daniel Lewis; corporate partner Patrick H. Rose, IV and associate Rachel Saunders; and tax partner Aaron Pinegar.
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Since Jackson Walker’s founding in 1887, our attorneys have represented some of the most influential companies and business leaders in the world. Today, we remain firmly rooted in Texas while serving clients around the globe. With more than 500 attorneys across six offices, we are the largest firm in the state and have been recognized by Law360 as a “Texas Powerhouse” and an “elite law firm” that regularly provides counsel to industry-leading clients on highly complex transactions ranging from millions to billions. To explore the Firm’s experience in mergers, acquisitions, dispositions, joint ventures, and other strategic alliances, visit the Corporate & Securities practice page.
