The Sandbox Group (“Sandbox”) is a full-service marketing and advertising agency with operations across North America. Sandbox was formed by four agencies with decades of proven results, coming together to create a new, single agency with one purpose: to focus squarely on their clients, work, people, and the collaborative ethos that ties it all together. Sandbox offers strategic marketing, planning, and creative development, for all media and digital strategy solutions across various end markets.
SandBox was eager to embark on an acquisition strategy while the BDC was content to maintain the status quo of the business.
Bengur Bryan was engaged to analyze, recommend and implement a new capital structure for this global marketing services company. The unitranche structure was replaced with a senior debt/non-dilutive preferred equity structure. Cost of capital was lowered and a value enhancing acquisition is underway driving value to equity investors.