FocalPoint Partners, an independent Los Angeles based investment banking firm, has named Bob Frame as coverage leader for its M&A advisory, financial restructuring and capital raising practice in the golf industry.
FocalPoint managing director Dan Conway said, “Bob is a great addition to our team. He has over 20 years of experience in the golf industry as a financier, consultant and operator. His addition to the FocalPoint team cements our expertise in the golf sector.”
“The golf industry has felt the pressures of recent economic trends but it is resilient and its long term prospects are excellent. We see continued success for strong operators and tremendous investment opportunities for debt and equity investors,” added Bob Frame. “We also see a need for seasoned financial counsel directed to struggling entities and their stakeholders. In creating our golf industry group our goal is to provide a focused platform to serve the needs of operators and their investors. FocalPoint’s ability to execute transactions for both healthy and distressed situations is perfectly suited to the trends in the industry.”
Mr. Frame was a senior director in GE Capital’s Golf Lending Division where he originated, structured and closed over $750 million in loans. Prior to GE Capital he was the CFO of a KKR-backed leveraged golf resort operator called KSL Recreation Corporation. In this role he integrated three large acquisitions, restructured $200 million in debt, and helped grow total assets to over $600 million while achieving 25% EBITDA growth and 15% revenue growth.
During his career Mr. Frame has arranged or funded over $1 billion of financing to the golf industry for the construction, acquisition or refinance of golf courses and related facilities. He is regarded as a leading figure in the golf industry and has been a frequent speaker and panelist at industry functions.
Mr. Frame holds a Master’s in Business Administration from Harvard Business School and a Bachelor of Arts in Economics from Yale University.
About FocalPoint
FocalPoint is an independent investment bank, specializing in mergers and acquisitions, private placements (both debt and equity), and financial restructurings/work-outs. The firm’s primary focus is on middle-market companies with revenues between $20 million and $250 million in the business services, consumer, healthcare, and industrial and technology sectors.
Please contact Bob Frame (760) 774-1469 or Dan Conway (310) 405-7010 for further information on FocalPoint’s Golf Industry Group.
| Robert Frame Golf Industry Coverage Leader FocalPoint Partners, LLC [email protected] | Dan Conway Managing Director FocalPoint Partners, LLC [email protected] |