ST. CLOUD CAPITAL PROVIDES STRATEGIC FINANCING TO SANTA MONICA AMUSEMENTS

LOS ANGELES, May 19, 2025 /PRNewswire/ -- St. Cloud Capital is pleased to announce a recent strategic financing of Santa Monica Amusements, the company that operates Pacific Park, an iconic beachfront amusement park on the Santa Monica Pier overlooking the Pacific Ocean. Pacific Park is a cultural institution and hub for entertainment, offering a family-friendly experience through a diverse range of attractions and activities. The park draws more than 10 million local, domestic, and international visitors annually and is one of the most iconic destinations in California. This is an investment out of St. Cloud's fourth fund, which has committed capital of $236 million.

"We look forward to our alliance with St. Cloud given their long-standing tenure in Los Angeles and history of serving as a partner to growing businesses in Southern California," said Daniel Haimovic, Managing Partner at SC Holdings, which purchased the amusement park operator in 2024.

Pacific Park's CEO, Jeff Klocke, added that "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."

Kacy Rozelle, Managing Partner at St. Cloud Capital, commented, "Pacific Park is a one-of-a-kind, internationally-regarded asset with deep cultural significance as a top tourist and locals' destination in Southern California. We are excited to partner with SC Holdings and management."

Global law firm, K&L Gates LLP, served as counsel to St. Cloud Capital. For more information about Pacific Park, please visit: www.pacpark.com

About St. Cloud Capital

St. Cloud Capital is a Los Angeles-based private investment firm founded in 2001 that provides debt and equity growth capital to the lower middle market (companies with annual revenues generally between $10 million and $150 million). St. Cloud has managed over $700 million and invested in over 80 portfolio companies. Investments have been made in a wide range of industries and in every layer of the capital structure, including senior secured debt, subordinated debt, and preferred and common stock. St. Cloud typically invests in non-control situations, acting as both a financial and strategic partner to successful and experienced ownership entities, management teams and industry entrepreneurs in fulfilling their long-term growth plans. For more information about St. Cloud Capital, please visit: www.stcloudcapital.com

Media Contact: Sheila Emami, semami@stcloudcapital.com

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SOURCE St. Cloud Capital