Limited Access to Capital
Traditional financing for nightlife and certain entertainment & necessity assets can be difficult to obtain on attractive terms, increasing reliance on private capital and cash-funded operations.
IRVING CAPITAL
A fragmented, undercapitalized market is creating attractive acquisition and expansion opportunities across select Asian & African hospitality, necessity & entertainment markets.
Traditional financing for nightlife and certain entertainment & necessity assets can be difficult to obtain on attractive terms, increasing reliance on private capital and cash-funded operations.
COVID materially weakened many independent operators, leaving some businesses undercapitalized, overleveraged, or without sufficient liquidity to reinvest and expand.
The market remains highly fragmented and dominated by independent operators, creating opportunities to acquire, consolidate, professionalize, and scale proven concepts across multiple markets.
COVID significantly disrupts nightlife, hospitality & convenience assets.
Certain Operators reopen, but weaker operators remain undercapitalized.
Consumer spending, travel and nightlife normalize in target markets.
Strong locations + undercapitalized operators + limited conventional financing = acquisition opportunity.
Current Assets are already operating and generating revenue, providing an established base from which to expand.
Established relationships with local landlords, experienced operators, vendors and promoters provide sourcing and execution advantages.
Capital is deployed toward concepts and operating models that have already demonstrated market demand and revenue generation.
The ability to transact with significant equity capital reduces dependence on traditional financing and leverage.