Farragut Invests in Family Quest Holdings, LLC

CHEVY CHASE, MD – Farragut Capital Partners, Inc. (“Farragut”) is pleased to announce the closing of an investment in Family Quest Holdings, LLC (“Family Quest” or the “Company”), a portfolio company of private equity firm L2 Capital (“L2”).  Farragut invested subordinated debt and equity in support of the Company’s acquisition of Open World, Inc. (“Open World”) and the refinancing of the Company’s existing debt facility.

Family Quest is a family entertainment company that produces one of the leading dinosaur-themed shows in North America called Jurassic Quest.  Jurassic Quest is targeted to young families with children aged two to ten years and it hosts nearly 150 live events each year across the U.S. and Canada.  Jurassic Quest shows are large events held at convention center venues where true-to-life sized dinosaurs are exhibited in their natural habitats and placed in action scenes to entertain and educate the audience.  Jurassic Quest shows also include interactive elements such as dino rides, fossil digs, a Raptor training experience, and much more.  The target in the acquisition, Open World, is a complementary live entertainment business also focused on young families that produces a leading LEGO-themed show called Brick Fest Live in addition to other live events focused on other elements of children’s pop culture.

Javier Aguirre, Partner of Farragut said of the transaction, “Family Quest marks our third investment alongside L2 Capital.  We appreciate their thoughtful approach and demonstrated track record of success in the consumer space and are excited to join them and the Family Quest team as they continue to grow the business.”

Oxer Capital and Salem Investment Partners were co-investors in the debt and the equity.

For more information on Family Quest, please visit www.jurassicquest.com

For more information on Open World, please visit www.brickfestlive.com/bfl-2022-2023