St. Cloud Capital's Strategic Financing to Boost Santa Monica Amusements

Strategic Financing Announcement for Santa Monica Amusements

St. Cloud Capital is thrilled to announce a recent strategic financial partnership with Santa Monica Amusements, the operator of the renowned Pacific Park, a beloved amusement park situated on the Santa Monica Pier with breathtaking views of the Pacific Ocean. Home to various attractions that cater to families and thrill-seekers alike, Pacific Park is a cultural landmark that attracts over 10 million visitors every year, making it a premier destination in California.

This investment is part of St. Cloud's fourth fund, which boasts a committed capital of $236 million dedicated to nurturing growth in vital sectors. Daniel Haimovic, Managing Partner at SC Holdings, which acquired Santa Monica Amusements in 2024, expressed enthusiasm about the partnership, noting St. Cloud's strong ties to the Los Angeles business community and its proven track record in supporting growth-oriented enterprises in Southern California.

Pacific Park's CEO, Jeff Klocke, stated, "Pacific Park is a cherished cornerstone of Los Angeles. We are thrilled to have St. Cloud involved as we realize our strategic plans for this iconic amusement landmark." This sentiment echoes a commitment to not only sustaining but also enhancing the park’s historical and cultural significance in Los Angeles.

Kacy Rozelle, Managing Partner at St. Cloud Capital, highlighted the uniqueness of Pacific Park as an attraction of exceptional cultural relevance in Southern California. He noted the firm’s excitement in collaborating with SC Holdings and the management team to leverage their expertise, aiming to enrich the park's offerings and elevate the visitor experience.

The partnership also aims to incorporate innovative ideas that resonate with both locals and tourists, ensuring Pacific Park remains a must-visit venue for years to come. Plans include enhancing the park's attractions and integrating new, family-friendly experiences that align with prevailing entertainment trends.

In addition, St. Cloud Capital's approach intertwines its financial backing with strategic insights, acting as both a financial partner and a contributor to long-term growth strategies. This dual role is expected to generate substantial benefits for both Pacific Park's management and its stakeholders.

Law firm KL Gates LLP served as legal counsel for St. Cloud Capital during this transaction, emphasizing the professional integrity underpinning the investment.

St. Cloud Capital stands as a significant player in the investment landscape. Established in 2001, the firm has dedicated itself to providing valuable debt and equity capital to the lower middle market, focusing on companies with annual revenues ranging from $10 million to $150 million. Over the years, St. Cloud has successfully managed more than $700 million and invested in over 80 diverse companies across various sectors, showcasing its well-rounded investment capabilities.

For additional details about Pacific Park and its offerings, interested parties can visit www.pacpark.com. Likewise, more information about St. Cloud Capital is available at www.stcloudcapital.com. This new financing marks a significant milestone not only for St. Cloud Capital and Santa Monica Amusements but also for the community that cherishes the unique experiences provided by Pacific Park.

Stay updated on the latest developments and transformation efforts at Pacific Park through both companies' corporate communications channels. The exciting landmarks of Los Angeles are certainly set for an enhanced visitor experience, blending traditional fun with innovative approaches in the realm of entertainment.