Equity Development Systems Ltd. Sources Sale of
Camellia Bay Casino Site
Equity Development Systems Ltd (EDS), acting as an advisor to Apex Bank, identified and arranged for the sale of the former Lake Shore Marina (Torres Properties) site in Slidell, Louisiana, to Peninsula Pacific Entertainment (P2E) for its proposed new Camellia Bay Resort, Casino, and Marina.
P2E is a developer of quality gaming and entertainment destinations that enhance the communities where they are privileged to do business. Their properties include del Lago Resort & Casino, Hard Rock Hotel & Casino, Colonial Downs Racetrack, and Rosie’s Gaming Emporium.
“EDS has significant holdings in Slidell, and we welcome the P2E organization to the community and the tremendous economic development that Camellia Bay Resort, Casino, and Marina represents to the region,” states EDS Managing Director Steven N. Siegler. Mr. Siegler led EDS’s team of Distressed Investment Banking advisors to Apex Bank in arranging for the sale of the site to P2E. Siegler states, “This is truly a win-win transaction for Apex Bank, P2E, Slidell, and the greater New Orleans and Mississippi Gulf Coast region.”
About EDS Distressed Investment Banking and M&A Advisory
EDS Distressed Investment Banking and Mergers & Acquisitions Advisory Group typically works with secured creditors, attorneys and law firms, and companies in financial distress or undergoing major changes to help them navigate these complex special situations and optimize their financial outcomes. Our special situations investment bankers provide financial and strategic advice on distressed special situations mergers, acquisitions, divestitures, and other corporate transactions.
Some of the key activities of our special situations investment bankers include:
- Identifying and evaluating potential acquisition targets or divestiture candidates
- Advising on and executing complex financial transactions, such as mergers, acquisitions, and divestitures
- Assessing and managing risks related to a company’s financial distress
- Providing strategic and financial advice to boards of directors and management teams
- Raising capital for companies facing financial distress
Our special situations investment bankers deeply understand the industry and the specific companies and assets they are working with, and can provide valuable insights and advice on navigating and capitalizing on complex situations. We are also familiar with the regulatory environment and can work with lawyers, accountants, and other professionals to ensure transactions are executed smoothly and in compliance with the law.
EDS represents many of the world’s leading multinational corporations in the disposition of their surplus and nonessential capital assets, real and movable (Investment Recovery), and financial institutions, attorneys and law firms, creditors, investors, and myriad stakeholders throughout the world in the disposition of their non-performing assets/debt (Asset Recovery).
Our Special Situations Services Include:
- Handling the sale of a distressed company, division, or divisional assets, real and movable.
- Acquiring real and movable special assets and special situations.
- Seeking out, identifying, and forming joint ventures and strategic partnerships for our creditor, investor, and stakeholder clientele.
When required, our strategic alliances with major Wall Street investment banks and international private equity firms provide our clients with broad access to traditional full-service special situations investment banking services, as well as to global investors and financial markets.
EDS has deep knowledge advising:
- Women-Owned Businesses
- Pharma
- Defense Related Businesses
- Environmentally impaired—Real and movable Property (Superfund and Brownfield Sites)
- Hospitality, Gaming, Resorts
- Shipyards, Admiralty, Maritime
- Aviation (Fixed and Rotor)
- Automotive (Manufacturing and Retail)
- Heavy Industrial Plants and Facilities
- Oil & Gas/Minerals
- Commercial and High-Value Residential Real Estate.
EDS Distressed Private Equity Investing
EDS leverages its proprietary global investment/asset recovery and distressed assets services platform to acquire and/or control nonessential and overlapping capital assets through corporate consolidations and restructuring transactions, special assets and special situations from operationally challenged and financially distressed companies, and non-performing loan portfolios from creditors, and we invite institutional and well-qualified private investors to participate alongside us as equals in such Distressed Asset Private-Equity Investing opportunities. These opportunities include businesses, real estate, debt, machinery and equipment, and securities, and typically occur in the context of lending, where creditors seek to sell distressed assets.
EDS Traditional Private-Equity Investing
Running a company is a complex process that requires expert planning, guidance, and execution. By committing its own funds, EDS does not act as a broker but rather as a value-added partner—one who, together with its affiliates, can bring the necessary funds and expertise to realize almost any type of project. Our seasoned professionals provide our portfolio companies and advisory clients with a broad range of value-creating, monetizing advice and services. This includes growing the company through strategic alliances and joint ventures from within our family of portfolio companies.
EDS’s unparalleled level of expertise is recognized and appreciated in boardrooms and courtrooms worldwide. How may we be of service to you?
