Capitala Group Exits Jurassic Quest

L2 Capital Partners Acquires Jurassic Quest Holdings

May 22, 2019

Media & Entertainment

L2 Capital Partners has acquired Jurassic Quest Holdings, a leading family entertainment company that produces large-scale interactive dinosaur-themed touring events. Capitala Group provided senior secured debt and co-invested to support the transaction; Jurassic Quest is based outside Houston, Texas, employs roughly 100 full-time staff, and attracts over 1 million attendees annually. Terms were not disclosed.

L2 Capital's Family Quest Acquires Open World; Farragut Backs Family Quest with Debt and Equity

July 31, 2023

Media & Entertainment

L2 Capital's portfolio company Family Quest (the operator of Jurassic Quest) acquired Open World, Inc., the touring operator behind Brick Fest Live, to expand its family-entertainment touring platform. Farragut Capital Partners provided subordinated debt and equity to Family Quest to support the acquisition and refinance the company's existing debt, with Oxer Capital and Salem Investment Partners co-investing.

Apse Capital Continuation Fund (Led by J.P. Morgan) Acquires TerraQuest, Kallidus and Ultima Business Solutions

November 27, 2024

Software

Apse Capital closed a €350 million continuation fund led by J.P. Morgan Asset Management to acquire three existing portfolio companies — TerraQuest, Kallidus and Ultima Business Solutions — from the Apse Capital Bridge Fund. The vehicle will provide follow-on capital to support organic growth and strategic M&A activity across the businesses; Piper Sandler (Aviditi Advisors) and legal advisers Weil and DLA Piper served on the transaction.

Capitala Group Exits Investment in Optio Rx

November 11, 2020

Healthcare Services

Capitala Group announced it has exited its senior secured debt and minority equity investment in Optio Rx, a national owner and operator of specialty compounding pharmacies. The original investment was made in partnership with Cold Bore Capital and funded Optio Rx's roll-up of specialty pharmacies serving fertility, veterinary, dermatology, hormone replacement and hospice markets.

Mercer Advisors Acquires Quest Capital Management, Inc.

September 29, 2021

Wealth Management

Mercer Global Advisors, Inc. (Mercer Advisors) has acquired Quest Capital Management, Inc., a Dallas-based wealth management firm with approximately $1.5 billion in AUM serving about 660 clients. The six Quest shareholders and seventeen staff members will join Mercer as the firm expands its Texas footprint and access to Mercer’s family office, tax and back-office capabilities.

Capitala Group Originates $80M Investment in New Wave Entertainment

November 29, 2022

Media & Entertainment

Capitala Group originated an $80.0 million investment in New Wave Entertainment, an employee-owned post-production and entertainment marketing company based in Burbank, California. Capitala syndicated a majority of the financing and said proceeds will support New Wave's ongoing growth.