Essex Capital Group closed a new $3 million debt facility for MBC Boston. The financing supported MBC’s build-out and launch of a new airport concession operation at Boston Logan International Airport.
“Essex and MBC have collaborated closely over the past year, advising the company as it capitalizes on significant growth opportunities within the airport concessions sector,” Fred Beilstein, managing director at Essex Capital Group, said. “We are thrilled to support MBC’s continued expansion in several of the country’s premier airports.”
Justin Triplett, president of MBC Boston, added, “Essex Capital delivered exactly what we needed — on time and with precision — allowing us to stay on schedule and bring an exceptional concession experience to the Boston airport.”
Essex Capital Group served as the exclusive financial advisor to MBC in this transaction.
