Ojos Locos, a Hispanic-focused sports bar chain, received a $40 million senior credit facility from Comvest Credit Partners.
In addition to the credit facility, Comvest Partners has also made an equity investment in Ojos Locos.
The financing will be used for expansion.
Founded in 2010 by Rich Hicks, CEO, Ojos Locos is a Hispanic-focused sports bar concept with 7 locations in Texas (Dallas, Arlington, San Antonio, Houston (Almeda), Houston (Northline), Austin, El Paso, Albuquerque). The company maintains a primary focus on serving the Hispanic community with a Spanish-fluent wait staff, coverage of sporting events with strong Hispanic influences and Hispanic-influenced branding and cuisine.
FinSMEs
06/11/2018